Soybean new production output lower in South America from excessive rain in Brazil and drought in Argentina. So all the grains prices at superbull level ... cpo follows . The next hope for harvest is North America ...record cold now ...planting can only begin in late April / May ... harvest only July / August new stocks coming in .... Until then ....rally continues
If the snow don’t melt in time in spring ... then with early winter cold could spell disaster for North America grains and soybean production this year... if that happens ... superbull will drive cpo prices much much higher than the current level of RM4000/ton plus ...,, With the Covid situation critical in USA ... this situation could happen ... global soybean shortage — prices will continue to rise till next year then .
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Want2Win
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Posted by Want2Win > 2021-03-09 15:52 | Report Abuse
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