Posted 4/17/2014 07:37 (#3821432 - in reply to #3821345) Subject: RE:A follow on question about new crop.
NW Ohio
Well, first things first. I highly doubt that the USDA will ever print a soybean carryover as low as 100 million bushels. Secondly, the new crop soybean market is currently in a "don't worry, be happy" mode......USDA predicts record acres and record yields. That being said, this market will be very sensitive to the summer weather and if there are weather problems with the soybean crop, all bets are off.
Maizing's soybean spread thread continued.
