Posted 5/14/2019 21:25 (#7497672 - in reply to #7497644) Subject: RE: Sell the rally
northern edge of north central Missouri
Yes I believe Usda’s guess for crop production will not take into account late planting, bad conditions, poor stand etc. They start with the biggest # they can get away with and will only lower it when the market reflects a shorter crop, not before.
Keep grain prices as low as possible for as long as possible. Ie cheap food policy.