Posted 11/15/2023 06:37 (#10482663 - in reply to #10482342) Subject: RE: Pic of Brazil drought,
SE Iowa
No. Dont get that carried away…
Seeding is at 88% vs 97% majority just seeded.. (20% could be replanted) the issue is gonna be late planting safrina..with less corn acres and more beans to begin with plus the potential corn yld cut coming…. thats the story. Or will be in feb-mar.. which will give rise to corn acres here due to increasing corn export demand ..going forward.
Thats why we are not 3.5 with 2.1 c/o… and btw c/o is as of sept 1 ..so imo mr market thinks that number comes down then you can play the “usda accuracy ratings” again.
Pic of Brazil drought,
