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NW Indiana | With the funds nearing flat the question becomes do they take a long position or do end users start to get nervous and start buying to secure needs? If neither take place there probably isn't much fuel left in the rocket but I suspect at least one of the two happens. Hopefully this is a sign of things to come
May 15, 2024
Export Sales Announcement
Export Sales to Unknown Destinations
Private exporters reported sales of 180,000 MT of soybeans for delivery to unknown destinations - 120,000 MT is for delivery during MY 2023/2024 and 60,000 MT is for delivery during MY 2024/2025.
May 14, 2024
Export Sales Announcement
Export Sales to Mexico
Private exporters reported sales of 405,000 MT of corn for delivery to Mexico - 135,000 MT is for delivery during MY 2023/2024 and 270,000 MT is for delivery during MY 2024/2025. | |
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In order to push prices higher
