|
SE IL | It needs to be considered that Brazil had a poor crop last year which helped our exports this year. Brazil has a much bigger crop this year so will our demand stay the same? It’s a futures market always looking foward. Right now it looks like the tightest time for corn supply was in Feb when both Brazil and US crop were unknowns. Half that equation is now known and half through the US crop without a major problem yet….indicates chances supplies will grow further. | |
|