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Soybeans in Frytown's sell zone!
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Stark co
Posted 9/23/2017 09:06 (#6265080 - in reply to #6263702)
Subject: RE: Soybeans in Frytown's sell zone!


Heart of Illinois
yields have started out big in the Delta 70 and 80 bpa.
I am in the camp that beans should have been sold a few months ago, if you have not because you wanted to wait until closer to harvest. Sell some here.

Carryout at USDA'S 49.9 is showing on the Sept Report to be 475 million.
Our crop is 50% exports, 40% crush, and 10% carryover.

Exports in the report show to be larger than last year. 2.17 billion last year and predicted 2.225 billion this year.

But currently we are 250,000,000 bu behind on pace versus last year on sales.
That is not a good start when you are predicted to export more.

But if you make beans cheap enough I bet we can get those exports


Beans in the teens???


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