this time ill make an assumption about news
from what i understand the areas that got hit with rain the hardest usually have a good opportunity to plant double crop soy after wheat and maybe this market is trying to bid prevent plant acres away and get farmers to plant soy regardless knowing they are familiar to plant double crop soy and their yields at this time of the year?
thoughts? if your in a PP area and you see beans approaching $11 would you skip PP and plant late soy that chances making a "double crop" yield?
either way i got my pricing info from the charts... funny how things line up like that? |