Marketing experts opinion please

[errolanderson]

USDA quote over the past week . . . .

“Keep-in-mind that export sales ... do get canceled at times” commented Mark Jekanowski head of USDA’s World Outlook Board.

Translation; China current torrid buying spree of U.S. grains is likely soon to slow. China’s voracious appetite for grain has been the key driver in global markets boosting corn futures above $4 per bu over the past month.

This has been a key driver of western Cdn grains this fall. China export sales might begin to be cancelled for Feb movement (IMO).

[errolanderson]

Panicked feedlot barley buying and surging bids in October appear calming. Feed bids now off about 25 cents/bu from recent higher for December movement. Corn has broken-its-uptrend (IMO) . . . .

[furrowtickler]

Errol what’s you thoughts after election.. either way it goes ?
Or will it really matter regardless who’s in for the grain and oilseeds market?

[errolanderson]

Errol what’s you thoughts after election.. either way it goes ?
Or will it really matter regardless who’s in for the grain and oilseeds market?

Doesn't matter who gets in (IMO) . . it's all about near-term China buying demand.

[furrowtickler]

Doesn't matter who gets in (IMO) . . it's all about near-term China buying demand.

Good to know , thx 👍

[bucket]

Doesn't matter who gets in (IMO) . . it's all about near-term China buying demand.

Maybe Canadian farmers should have daily and weekly sales reports like is mandatory
in the states?