Posted 11/22/2012 19:28 (#2711338 - in reply to #2711332) Subject: Re: is there a drought premium factored in the grain markets ?
It's true that many areas had almost "average" bean yields. Overall bean yields still not great. Right now we are trading the assumption that we are going to have a big SA and NA crop in 2013. Look at the two posts I made under the "Embargo" thread. Kinda put them in the wrong place. But, they give some perspective on where we are.
is there a drought premium factored in the grain markets ?
