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| Exactly. Heard about some beans last night that were 43 BPA, I State, fair-good dirt, below APH but corn was excellent/near record. There are issues out there but there are areas that 45-50 is considered excellent crop and with an overall increase in acres if those areas make an even, as you said, “average” crop look out below! Every reason I put was more what I would call extraneous macroeconomic factors, away from true production dynamics in the historical sense but you think in terms of raw supply and demand the supply getting fractionally bigger and demand getting fractionally smaller is a bad day for price. | |
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5 reasons why price continues to erode from here
