|
| Just received it.
Based upon the USDA upward revisions in usage & predicated on a 10% reduction in corn acres for 2008/2009 & ethanol mandate; they anticipate a 7% increase in soybean acres.
Price Forecast: corn soybeans wheat
3 Month outlook 5.80 14.30 9.20
6 Month Outlook 6.50 15.60 10.00
12 Month Outlook 6.00 14.50 8.50
Am going to pour over the details when time....no mention of livestock liquidation.
| |
|
The $6.50 Report
