Hi there from Brazil. As I mentioned a few weeks ago (maybe months, I don’t recall), forget about weather for Brazil soybeans. Brazil will plant a huge, maybe a new record for soybeans. The problem regarding soybean planting delays is not a problem on soybeans per se. It is a problem for the Brazillian Safrinha (2nd crop that comes right after soybeans). So we could turn our attention to the corn market, not waste time discussing soybeans, trying to come with “facts” that are just not real. Therefore, again, forget about soybean planting problems. It does not exist. With no increase on demand? I don’t mean to be one of the Four Knights of the Apocalypse, but the question I would like to leave is the following: With surplus stock at of around 30% (last USDA report), how about USA harvesting 125MMT this year, and Brazil coming with around 10% to 15% more soybean next year? How about that????????? Again, please forgive my English, it is not my native language.
