The crap is always the same. There is more grain than what there really is. The run of globally dubious production seasons can no longer be fudged over.
It is problematic for the world because farmers are chasing more and more oilseeds, planting crops that produce half the yield of cereals (canola and soy) and that is hardly a recipe for solving a food crisis where it is all about volume to feed the masses.
that's why China imports soy. They keep their summer acres in corn production and get some other mug (America, Brazil) to produce half the grain with the same amount of water needed to produce twice as much corn.
Still maintain this is a good spot to grab 10-15% of expected production for this year and the next. Good luck lads.
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The crap is always the same. There is more grain than what there...
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