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Taming the bullishness a bit
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IN555
Posted 7/16/2017 09:49 (#6128935 - in reply to #6128921)
Subject: RE: Taming the bullishness a bit


NW Indiana
It isn't just about the dry areas. IN OH MI and WI all have sizeable areas that are too wet. Seems very few are happy with there stands after May weather. I choose to ignore crop ratings last year and paid the price on my marketing. If ratings continue to slip and we have say 60% g/e come early August I think the usda hand will be forced to make a descent cut on yield in the August report. Their stand counts will have to be reduced from trend.
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