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WeaveFarmer
Posted 2/27/2016 16:07 (#5141206 - in reply to #5141146)
Subject: RE: Extrapolated


Boone Co. Iowa
My thinking is, crop insurance price finding is almost over, wheat and oats look to me like they are leading the way lower, unless we have some serious planting delay problems, both of these markets look like they have room to run in a downward direction. Both looking at the lower end and I see zero bullish news. Maybe we get February behind us and things will get better.

Last year's crop insurance prices were $4.15 for corn and $9.73 for beans, looks like we will be about $3.87 and $8.86 for 2016.

I guess I am REALLY hoping we get a bounce Monday.

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