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NW Indiana | As far as grains soybeans are low enough that Eco would kick in and ARC isn't far away so not making any sales. Corn I'm 60% sold new crop and will buy back on much farther decline. I'm adding risk to equities as we go lower. The president has chosen the nuclear option so this will either play out in a couple weeks or we all will wish it had. China knows our political will is weak so hopefully this doesn't get out of control.
On a bright note we went over 3 weeks with no daily sales announcements for corn or beans. Yesterday 240,000 of corn to Spain, 198,000 of soybeans to unknown today so so maybe this is a sign the tree is being shaken enough to get countries to step up and buy? Hopefully | |
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