|
NW Indiana | Today’s crop progress report actually might be critical. Generally speaking these reports are meaningless and especially this late in the year but the market is pricing in a big decline from previous expectations in soybeans. The market is also shaving some bushels on corn. Imo the market is going to need verification that things are falling apart. I don’t expect this report to be able to be bullish except to the few that might get excited but my point is it has the capability of being bearish to many participants. | |
|
Can’t believe I’m about to say this but
