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WC IN | Still have them... Selling 10 % of my corn calls every day, this is the fourth day.... After I sell the corn calls I will start the bean calls. I think beans have much more upside potential than corn because demand destruction will be much harder. Balance sheets have no room at all for lower yields of beans...
However if a sudden change in weather occurs the beans around here could benefit, while I doubt it would make a big difference in the corn. July fourth I started watering some corn next to my house... I have put six inches of water on it and can see very little difference in the looks of the corn... I'm sure it will fill out better but u just can't tell looking at it where it was watered and where it wasn't... Indy has had .09 inches since the first of June and it was dry before that... I can drive my suburban down the road and see over most of the corn crop around here.... Good corn is six feet tall and the bad is three feet tall... Poor ground is a zero... Good ground probably half a crop... Nothing like this since 88 | |
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CIS and Price Perceptions...on corn
