Can't tell here by looking, we rotate crops - keeps disease and pests down. Have to wait for ag reports.

But I don't get it. There's X demand in the world and Y supply. Beans are fungible.If the Chinese buy from somebody else where do the people who normally buy from somebody else go? Yes, somebody else may put more acres in beans but given demand for other crops that's on the margin, no?

Back in the days of co mmodity support for dairy government would buy cheese and give it away. My big fear is the government will mandate everybody gets free toe-foo. The great toe foo epidemic.Maybe it would substitute for ballistic gelatin in expansion tests.


The key elements in human thinking are not numbers but labels of fuzzy sets. -- L. Zadeh

Which explains a lot.