Walsh, Colorado | MattNWOH - 10/16/2018 08:01
Reckless to apply your potential loss to half of the US bean crop. That’s the stuff that gives market talk a black eye.
It seems reckless, but in reality IS it?
SOYBEANS
Soybean collection was 38% complete, well behind a 53% five-year average, and below the trade’s expectations of 40%.
USDA rated the U.S. soybean crop at 66% good/excellent vs. a 68% rating a week ago.
https://www.agriculture.com/news/crops/soybean-crop-stays-in-fields-...
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60 bu beans can turn into 25 bu beans pretty quick.
