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$ 5 and $12
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JC STONE
Posted 8/22/2017 09:43 (#6202934)
Subject: $ 5 and $12


If 5 and 12 are the numbers then we will have to wait until 2018 growing season to see these numbers materilize. Aside from a widespread frost in August I don't see anything that would threaten supply until we get into the 2018 growing season.

If we would make a run to 4.25 dec corn and 10.25 nov beans before year end that would be a gift for those who need to make cash sales.
Looking back at 2016, we came off with a pretty good supply from 2015 , had a nice run in June July of 16 due to one of the hottest June's in history. So an event like that or something even more severe will be what it takes, if this crop is not as bad as previously thought.
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