Posted 12/11/2018 18:44 (#7164775 - in reply to #7164307) Subject: RE: Reuters is reporting: White House delays new farm aid payments on China trade deal hopes
NW Indiana
How did we know the carryout was going to be huge?? Trend line yield with normal export growth and carryout would have been around 400 million. At that time if you had assumed a trend corn yield carryout would have been 1.7 billion or so. And how would have you made the 2019 acres work? Oh yeah much higher prices so to say we knew is a load of crap otherwise the market wouldn't had been trading that price.