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The Wet Blanket Brigade Will Come
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hillclimber
Posted 5/18/2019 19:26 (#7504028 - in reply to #7503965)
Subject: RE: The Wet Blanket Brigade Will Come


SW Wisconsin
Lies, damned lies and statistics.

If we really can't produce a decent crop this season then regardless of USDA data it will be a blinding flash of the obvious in 2020.
The end users will be dialing up producers and the basis will go positive.

But I thank you Conan for taking the pessimistic approach so that we might avoid "Irrational Exuberance" and believe that simple supply and demand sets the prices.

Last time I saw this type of delay was 1993 and it was fall before the market really reacted.

We are in our third month of March.
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