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ontario soybean basis
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Clay-All-Over
Posted 3/8/2010 12:50 (#1110544 - in reply to #1107811)
Subject: Re: ontario soybean basis



Eastern Ontario

Yes, IP beans. Sorry that I neglected to mention it.

I don't know why anyone would want to take the chance and store soybeans for such a long time. Not that we haven't done that, but it's a huge risk.

So basically what you are saying is that the Japs have a 1 year reserve of IP beans. That will certainly keep them calm and not panic which means low prices.

Maybe we need to look at other niche markets then.

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