BCB:
I never said carry WAS NOT TIGHT due domestic demand. The report is now history. The funds will now will trade what is in front of them....that being weather. If S.A. has good weather...corn prices will plummet. In of story.
"Argentina’s corn crop may jump 21 percent to a record 25.5 million tons this year after warm, dry weather since the end of December helped planting of the grain, the United Nations’ Food & Agriculture Organization said on Jan. 14. "
