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Fairbury, NE (Southeast) | As others have said, if your going to have a drought, this is the time of year to have it. We've had about 1.5" in the last 80 days, and although the wheat doesn't look too bad, the subsoil is nil. Ponds are getting pretty critical, going to be interesting grazing a few patches with the ponds as low as they are.
Bearish: Huge S.A. acres, high global wheat stocks, global economic concerns.
Personally, we get another 70 cents on beans I'm gonna cut another 30% loose. | |
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Looking at the drought maps...
