Posted 4/28/2015 08:12 (#4542199 - in reply to #4542060) Subject: Related to a discussion I had with a Broker friend
He has said that the producer is bearish. I then asked if they were holding grain? Yes. Are they paying almost the same rent as last year? Yes. Are they planting with this level of profits? Yes. I contend that producers are as bullish as ever. Concerned, yes, but still bullish.
Negative weather premium
