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| The desire to talk this market up is getting nauseating. We just lived through the worst drought of the century last year that zero'ed out massive #'s of acres for hundred of square miles over nearly the entire corn belt and beyond. There were strictly dryland operations that barely got a few truckloads for their entire crop...and here we are talking about pivot corners(likely marginal ground that typically is a gamble anyway) and "holes" in fields to try and add up enought PP acres or production failures to get this market back to $7.
Even with all those millions of acres that burned up last year we managed to get a nationwide avg in the high 120's. To think we'd barely outproduce that is folly.
News flash....there are millions of acres EVERY YEAR somewhere that don't get taken to harvest for various reasons, its ALWAYS wet somewhere, its ALWAYS dry somewhere.
I like to get info here for marketing, but I can't take much more of sifting through these endless posts trying to talk themselves and anybody else they can convince that they'll be "saved" by events(yet again). | |
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The power of zeros
