And the market has a way of catching the most participants off guard..
What if you are the one who is surprised?
You need moisture to make a crop.. cool temps are not enough.. look at the HRW Wht crop.
We talked about 1993 below.. looked that up.. NASS lost 2 byn bushels (and it rained..) between June and Final..
http://usda.mannlib.cornell.edu/usda/waob/wasde//1990s/1993/wasde-07-12-1993.pdf 8.5 byn bu crop.. in June.
http://usda.mannlib.cornell.edu/usda/waob/wasde//1990s/1993/wasde-11-09-1993.pdf by November.. 6.5 byn bu crop.
Do we REALLY have 175?
Edited by JonSCKs 7/29/2014 06:43
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