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market on friday
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DBindiana
Posted 7/4/2018 19:36 (#6850857 - in reply to #6850845)
Subject: RE: And just why do we have to be "near peak bearishness"?


West Central Indiana
farmer4321 - 7/4/2018 20:29

Seriously, while there are some localized issues with corn, there doesn't appear to be an even regional concerns. Likewise for soybeans, there are no widespread areas of irreversible damage recorded and we're way too early to even begin to estimate bean yields.
And not to be political, what we do know is that come Friday China will implement soybean tariffs and we know enough about how Trump thinks and operates to suggest that he's not about to reverse his position. That said, he might surprise us all, but I don't think so, he can't afford to.
So that leaves us waiting for the final shoe to drop, the actualization of our worst fears.
Oh look ! Comrade Obama has gave his tariff opinions AGAIN
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