MN | vrbuck - 8/15/2013 07:42
his yield is too high, although he is telling as he see's it. At 154 we are talking a corn crop at 13454.98. 4.50 is way too cheap and the bears are selling into a shrinking crop. at my number of 148 we are talking a crop of 12930. All of this is without a frost freeze which the experts are saying it will definitely happen. They wil also find more PP in future reports. Katy bar the door. Ray I thought you where only talking 750,000-90,0000 pp in the early summer.
even a normal frost date will toast some, we may be in the low 12,s pretty easy. a lot of pp, and a LOT of corn that was planted THRU June, which generally isn't the best. |