|
West central IL | Brazil's drought doesn't happen and you could add 300mb to carry out. Obviously not a good thing but that's a bit over 3 bu/AC to our crop. That's not the kind of weather problem I'm talking about. I'm talking about a year where we raise a national crop below 165.
I mean your points are well taken Sat. Things aren't exactly bullish and yes there's a ton of worldwide acres. But stocks/use is not that bad. Demand is huge and despite 4 straight great crops our stocks simply are not burdensome, especially in comparison to the 80s. | |
|