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Buxton ND | Well beans going no where up and down give or take $10 all year (2017) I don't really have a opinion on the report. The trend is pretty clear since Thanksgiving. No change in my views on beans.
Guys should really listen to Brock on Market Rally as he said "Cash beans starting with a $6 in Iowa next fall" starting with does not mean $6.00
2 evening/nights of HEAVY DUTY rains in mid Argentina, a comment I picked up this morning "Flooding of Biblical proportions" I just said heavy duty. They look to have tonight off. Argentina is more important in CORN,,, then beans.
My non-committal guess on beans would be raise yield a tad/raise exports 50 mb end in a wash. Export sales will be watching like a hawk Thursday morning.
Corn IDK ho-hum, yes more mouths to feed tho read wheat below.
Wheat HRS, HRW exports will be raised, millers will take note in HRS :o) As you can tell I like to make sure the millers know this.
They mite just have already taken note, as we saw a DIME INVERTED SPREADS today. Dam,,, a I dime who would have thuk that, maybe there is not all this DP wheat to hit the market after all. Kieth Krush I'll save a chair for you right next to the bone fire, we can put a T-bone on the old pitch fork #thewheatparty. I dont think Kieth was too hot on this wheat party to start with tho he seems to be coming around.
You soft wheat guys,,, IDK but you mite have to have your party @ the feed bunk. I'm gonna stick with more wheat hitting the feed bunks. | |
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Soybean price guess??
