Posted by calvintaneng > 2020-11-24 05:43 | Report Abuse

Soybean relentless rise is due to panic buying

From just in time buying nations have changed to "just in case" panic buying

If South America dryness persists for few more weeks then there won't be enough soybean for year 2021 and prices will skyrocket further

Posted by calvintaneng > 2020-11-24 05:46 | Report Abuse

While nations panic buy soybeans and Mr Market is skeptical of the Cpo bull rally as a one off passing thing

This stark compancency will cause him to miss the upcoming palm oil bull run

Only the few wise hands have acted early

And they shall prosper

Posted by calvintaneng > 2020-11-24 05:51 | Report Abuse

Complacency in this apparent cpo coming rally is just shocking

So many are still unaware

As if they saw without seeing

Posted by Plantermen > 2020-11-24 06:27 | Report Abuse

Soybean is rocketing but CPO is still in " self disbelieving mode " factors that may or may not push to a new record high in a decade.
Soybean shortfall in Argentina and Brazil { weather and believed it or not covid pandemic} record grain restocking by India and China. Floods hitting palm producers Malaysia and Indonesia. Typhoon damaging Philippines coconut acreage. Low cpo inventories. Last but not the least In COMING Joe Biden new trade policy vs Donald trade disruptive policy