I'm reading that 31% of last year's soybean crop is still in the silo , while Brazil is looking at another record year. And now that the Peru Chancay port is open this week, I gotta believe that the Brazil crop will be shipped to China this way , allowing Brazil to sell beans at a market price with lower transportation costs overall. Time to re-evaluate that break- even point during the winter.
@mvanhasenheimer23 күн бұрын
The break even price is probably out of reach at this point. The thought process is now minimalizing the loss.