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South Central Iowa | That was my thought as well. I saw 65% and thought it would be bullish. Then I realized that every Monday for the next several weeks would have a bearish report that would say crop conditions we improving. Whether or not they are is irrelevant; the report will say it as long as drought doesn't scorch a large segment of the ag belt.
If temperatures stay below average for many more weeks, I will be interested to see how behind we are in entering the reproductive phases. That could be bullish in early July. | |
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Not much of a bump in corn
