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San Diego | usda used ear weight that was an ave of last 3 years or so, which were drought years, so not correct.... farmers were surveyed when the crop was late, so they were conservative.
big institutions like goldman sachs calling for 4.00 dec corn, nothing in the charts to say they are wrong thus far.
soybeans the funds are now net long 100k contracts when the charts say they should be short! weather can trump technicals with your early frost...but world supply is humongous.
cheers!
"I'm a farmer"
Max Yasgur 8/17/69 | |
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ear weight WAS unbelievable
