Posted 2/7/2019 11:20 (#7303500 - in reply to #7303281) Subject: RE: Day before Reports
Cambridge, southwestern Nebraska
I'm thinking we won't break much to the downside in February to insure some corn acres from the insurance price. After that the end of March planting intentions report will be closely watched.
Beans, Don't need a lot of acres. Probably will still get plenty because inputs on corn are higher this year. So price doesn't need to move up much which will keep a cap on the bean price which in turn caps the corn to not much of a move up either.