AgTalk Home
AgTalk Home
Search Forums | Classifieds | Skins | Language
You are logged in as a guest. ( logon | register )

Why we should be bullish corn
View previous thread :: View next thread
   Forums List -> Market TalkMessage format
 
JUST LEARNING
Posted 7/11/2019 11:40 (#7608722)
Subject: Why we should be bullish corn


KS and NE in eastern 3rd
Trade isn't buying the 91.7 million acres, which they shouldn't be. Here are examples of what could turn out if all other factors remain the same but acres are adjusted in Aug.

86 planted, 1.06 CO, 7.5% S to U
87 planted, 1.23, 8.6%
88 planted, 1.40 9.8%
89 planted, 1.56, 11%

Numbers assume 8.1 million unharvested acres. Anything under 88 planted will demand higher prices, any lower yield adjustments will compound the issue. Risk is up from here imo.
Top of the page Bottom of the page


Jump to forum :
Search this forum
Printer friendly version
E-mail a link to this thread

(Delete cookies)