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WC MN | As the days slide by it looks more and more likely frost is not going to be much of an issue. The southern yields seem to be big. USDA has increased their yield projections. Carry out is building. I believe we plant big acres next year and increase carry out again. Hopefully the demand side of the equation is not over estimated. Perhaps a carry out of 2.5 billion and corn futures under $4 a year from now is not so far fetched?
Just kind of rambling but looking for other's thoughts. Have some 14' corn sold and hope its my worst sale but wonder if it might be my best. The 13' corn I sold a year ago will be far and away my best sales. | |
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Corn prices going forward
