Posted 1/20/2014 12:31 (#3619527 - in reply to #3619511) Subject: Re: So which is it? Brazil production lowered and we know Argy is in rough shape
Ridgway, IL
I am not saying that the weather isn't trimming prospects... It certainly may be taking some of the top end off the crop. However, consider the fact we are still talking about a record crop by a significant amount... Where would you expect prices can go? I think there is more risk of a 75c decline in prices if yield reports continue to be favorable than a 50c increase in price based on these weather concerns.
So which is it? Brazil production lowered and we know Argy is in rough shape
