Grain traders are watching export business. Martinson Ag Risk Management President Randy Martinson says September is usually not a good export month. “That’s usually when supplies are the tightest. What’s been interesting is we’ve seen new crop soybean sales, because Brazil is out of corn and soybeans. If a country want needs met between now and the next Brazil crop, they have to come to us.” Repairs to port facilities caused by hurricane damage will further slow the export pace. “It will take awhile. The New Orleans Port was hit hard, but the good news is not a lot of the corn and soybean crop will be hit hard with rain. It’s mostly logistics.” Martinson will join the Red River Farm Network for the Big Iron Farm Show.
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