West Central MN (between MMF and Larson's) | IALTO - 11/9/2023 12:52
Lower prices to stimulate demand as well as continued dryness in SA when it starts to matter more. It will be interesting to see if lower corn prices will affect corn planting in SA. Saw a chart yesterday and with an optimistic yield and $5.50 CME board price, average hectare of corn was losing $30.
^^^
What he said
My guy in Brazil isn’t too worried about their soy crop yet but the long tail of that story is the impact delays and potential replants have on second crop corn in the North |
I’ll ask again…
