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SW MN and Gold Canyon AZ | 3/4 of ia topsoil moisture went from teens short to very short to the 50% short to very short. The market knows this however we are not getting 100's type heat like last year. I think that needs to happen before the traders "wake up"
On soybeans if we drop the yield from 44 to 42 we will have less carry over than this year!! But the trade wants to see Aug weather before trading that i beleive. soys have bigger potential to run higher than crn if aug proves detrimental to yields.
If the market cant wake up with the problems and lack of rain what will happen if we do get rain? | |
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