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Moreauville LA | I'm not going to into historical accuracy or charts but I have some thoughts
Corona will taper
The oilfield will go back to work
Now. Here, corn is 8" tall, milo is emerged and beans going in in spots. Cotton is iffy at best. Life is a bit different down here as we mostly sell old crop on corn and those decisions took place before corona was a thing
In 2008 or so, when the nyse fell, money went into commodities. Propped things up, even if only on paper and ignored most fundamentals.
I personally feel that feed grains, then cotton. And lastly beans will take off come July-August. I have nothing to anchor this opinion onto but have a gut feeling.
Fire away. | |
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