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Northwest IL | Would today be happening if we had a 13 billion bushel crop coming? Imo not to this extent this early. So the real Crooks is still the USDA. Fundamentals mean nothing this year. Lets review the last year shall we. Big drought last year that they where only a month late to report on. Then every since the combines where put away back to the 100 million acres and 165 yield guarentee. Fast forward to this spring. Wet year what wet year? Planting dates who cares about those, just put it in the ground whenever. Acres yep got what we needed and all is good. Should be fun in a couple weeks when we see there population I mean crop guess. Just think if we make the 160 yield or better this year. 100 million acres corn at 170 in 2014 here we come. The one kind of bullish thing was the last stocks report but they must of lied about that to with all this old crop corn falling out of the sky these last couple days. They will soon have what they want cheap food. At least my grocery bill will come down. They are nothing but a joke only problem is it effect our pocketbooks in a great way. | |
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CROOKS...USDA
