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South Central Iowa | Yes!
It's not that we will have a 2012 weather replica. It's that we have less than zero premium from an early summer plunge. On soybeans especially, we are about downside exhausted.
There's an assumption that the crop is perfect. The North, much as I rarely believe them, claims this is very bad. The East looks perfect and so does my area. But if rain shuts off as it is forecasted for two weeks, ie the foreseeable future, and rapid growth with much above average temperatures, we could still come up moderately short in those areas. A fairly short national crop with low acres is not being considered yet.
That's corn, but I have soybeans working on spooling up $9.50 in movement energy... This won't be expended in one direction, but volatility is coming. | |
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- RE: Drop, Derecho, Degrees, Drought? - Illinois Steve : 6/30/2018 08:37
- RE: Drop, Derecho, Degrees, Drought? - TADER : 6/30/2018 09:02
- RE: Drop, Derecho, Degrees, Drought? - Hawkeye1 : 6/30/2018 09:07
- RE: Drop, Derecho, Degrees, Drought? - rab1964 : 6/30/2018 09:19
- RE: Drop, Derecho, Degrees, Drought? - GrainTrader : 6/30/2018 09:23
- RE: Drop, Derecho, Degrees, Drought? - SoDak Farms : 6/30/2018 10:09
- RE: Drop, Derecho, Degrees, Drought? - turdypointbuck : 6/30/2018 10:27
- RE: Drop, Derecho, Degrees, Drought? - WTF2014 : 6/30/2018 21:02
- RE: Drop, Derecho, Degrees, Drought? - McHusker : 6/30/2018 21:03
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Drop, Derecho, Degrees, Drought?
