Very poor performance in the grains to start the new year. I haven't been in this game for awhile, but yesterday's performance was as disappointing as I can remember!
For those paying big cash rents, we're now looking at solid losses on both new crop corn and beans at avg yields.
Guys in E ND paying $300 cash rent are now looking at about a $310 revenue guarantee on beans (@ 80%). Ouch!
Ugly, Ugly, Ugly
