Northwest IL | FlatlandAgII - 8/4/2021 06:39
Those are his statements
Personally I think if USDA prints a 175.5 ish number eod it's flat then trends lower into Sept. Personally I will be surprised if they lower yields more than a bushel or two, it's not really how USDA handles things in August report. But we shall see I guess.
If they post a 179 ish number this board will go crazy
But then everybody already know my bias
Using July wasde a 175 yield would be a 1.050 carry out roughly. Hard to see downward trend in market IMO if that were to happen.
Edited by dg25 8/4/2021 10:38
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Just a few thoughts and figures
