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| Pack it in for the summer.....see what fall brings........
My soya, cotton, and wheat number were near spot on..........75, 13, and 57 respectively..........todays corn number was a joke but given their survey dates it will not accounted for mudded in insurance and flooded acres that will not be harvested or be horrible yielding and probably wet..........
Can't fight the numbers.......
They keep finding bushels which means whether they are right or wrong they are horrible inaccurate.......I think basis tells us that.......
Quick question on demand........did we use less or have more than thought......this years second half demand and next years are based on expensive grain......well that's probably shot to hell for awhile........e grind is still good, exports are good......and a 92M planted with 156 nat avg gets us 13.2B crop........which means we will use it up......so any slip up coupled with finding more bushels (can't find em forever) is even less room for error..........
Ought to be a good summer in the grocery isle.........cheap meat and cereal | |
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Time to
