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Wasde report 11 bells
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FarmingMo
Posted 5/12/2025 07:12 (#11221814 - in reply to #11221768)
Subject: RE: Wasde report 11 bells


NeMO
I would expect it to be a good bit ahead of normal. And looks like another open week coming up for many. Spots are struggling with too wet or too dry but I'd say on the whole the crop is off to a pretty good start. As always summer weather will be the trump card

Edit to add: the funds have trimmed their long position in the corn market to almost zero. Are they going to short it going into June? Corn has been the story for awhile but I think it's about to flip flop and beans will drive the market. We're not going to have the acres ti be able to suffer a yield set back without curbing demand. What curbs demand? Higher prices....or a trade war with your number 1 customer

Edited by FarmingMo 5/12/2025 07:25
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