| Followers | 5 |
| Posts | 1105 |
| Boards Moderated | 0 |
| Alias Born | 01/03/2009 |
Saturday, November 23, 2013 11:49:21 AM
This baby will run once the two ships are released from the creditors and the other ships are repaired....wait for the news
Late-season rains boosted U.S. crops more than the government said last month, R.J. O’Brien & Associates predicted today. Corn production will rise to 13.91 billion bushels, above the USDA forecast of 13.843 billion estimated Sept. 12, the broker said in an e-mailed report to clients. Soybean output will rise to 3.211 billion, above the government’s forecast of 3.149 billion.
At the same time, a decline in the U.S. dollar means that soybeans are cheaper to export. In the past, the Argentine peso and the Brazilian real have been valued below the dollar resulting in their soybeans costing less than U.S. soybeans in the international marketplace, as soybeans are generally priced in U.S. dollars...
No need to stick a fork in FREE yet...
Global Grain Trade
Late-season rains boosted U.S. crops more than the government said last month, R.J. O’Brien & Associates predicted today. Corn production will rise to 13.91 billion bushels, above the USDA forecast of 13.843 billion estimated Sept. 12, the broker said in an e-mailed report to clients. Soybean output will rise to 3.211 billion, above the government’s forecast of 3.149 billion.
At the same time, a decline in the U.S. dollar means that soybeans are cheaper to export. In the past, the Argentine peso and the Brazilian real have been valued below the dollar resulting in their soybeans costing less than U.S. soybeans in the international marketplace, as soybeans are generally priced in U.S. dollars...
No need to stick a fork in FREE yet...
Global Grain Trade
"When there is a gold rush on, it's a good time to be in the pick and shovel business." Mark Twain
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
