exports!!!
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Started by mcfarm - Dec. 20, 2018, noon

https://apps.fas.usda.gov/export-sales/highlite.htm

what is this a marketing year high in both corn and beans?

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Re: exports!!!
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By bcb - Dec. 20, 2018, 12:33 p.m.
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China needs to stop buying unless they want beans at $8. Market action so far today sucks. Gaps filled in both corn and beans. Were are the buyers? Xmas Vacation for schools don't start until Friday afternoon.

As Mike said rains coming to S.A. bearish and so far it seems to be. Time will tell

By Jim_M - Dec. 20, 2018, 1:30 p.m.
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Marketing year high, but in some years, that would just have been a really good week.  

By metmike - Dec. 20, 2018, 5:22 p.m.
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A really good week for those sales in some years is probably an understatement.

I think that part of it was buy the rumor, sell the fact action. All those sales that mcfarm has been talking about for numerous days became old news today.

All those sales also explain why the beans were unable to break $9 the past week, even with huge/bearish rains on the way to South America that would ordinarily have  pressured them more over the past week. .............especially with record stocks by a wide margin. 

The dropping stock market didnt help today.

By metmike - Dec. 20, 2018, 9:06 p.m.
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With China back in the market making huge bean purchases, what is the view with regards to agriculture, farmers and the trade war with China?