Death comes to us all. Life's but a walking shadow | 1) This most recent rain almost assures us of a generous soybean crop across 82 million acres x 46-47 bu/a or 3.7-3.9 billion bushel without any Chinese buying support.
2)If the failure of the European corn crop comes to pass then some of that French wheat will go to feed so I'm not sure how much "full now" means.
3) Fry, if you look closely at the first graph you see that the line includes just the past few years or the "ethanol era". The other points are just old data that don't reflect 5.2 billion bushel ethanol grind.
4) As for the second graph, it seems to be saying that for 88 million acres & 165 bu/A the price will be close to $5 which I don't quite believe. |
What's Sandbagging the Beans?
