| IN555 - 5/12/2025 11:04
With a 181 yield projected corn carryout at 1.8 billion. With a 52.5 soybean yield carryout is only 295. Plug in last 2 soybean yields and carryout is sub 150. With the 90 day pause with China, soybeans have a lot of room to run imo.
Highest Us yield is 51.9 9 years ago. We have leveled off yield in soybeans. 10 year average yield for soybeans is 50.2 ish corn 10 year is around 174. Could be interesting but I'm sure the trade isn't trading 181 as that's an impossible number with these acres |
Carryouts-1.8 and 295
