|
NW Indiana | I agree about no way limit up but to point out the theme so far this year has been planting progress guesses have been high. Including NAT many guesses for Monday are much higher than I would think. Last year our highest one week pace was 25%, I don't think we did anywhere near that much this week. I would think 15-20% would be a fair range to expect. The high end of that still puts us 21% behind 2013. All that said I think price is about to accelerate higher as we approach final PP dates. The trade has to be below a 14.5 crop at this point and quickly heading towards 14 billion if this weather pattern is going to hold into early june. I don't want to get the cart in front of the horse but 14 billion would be a great crop at this point. | |
|
Limit up Sunday night ? Rains are coming to fruition
