Northeast Nebraska and Candelaria Philippines | here is the prospective plantings report from march 31st
http://usda.mannlib.cornell.edu/usda/current/ProsPlan/ProsPlan-03-3...
ND soybeans 6.9 million acres
SD soybeans 5.4 million acres
ND and SD total 12.3 million acrs
national soybeans 89.45 million acres
13.75% of the nations beans are in those 2 states.
a large part of ND has received less then 20% of normal rain in the last 60 days.
It's early, but if this trend continues, it could be a major factor worth watching.
I think some soybean calls might be wise incase this scenario comes true. Could see quite a bump in beans
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ND and SD soybeans
