Nobody's gonna buy yield reductions.
Lol..
Have you looked at the weather lately?
Most weather scares.. like 2015 occured with MOST of the crops already in..
Yes the Eastern Belt probably made significant (relatively speaking) progress this week before rains yesterday and today.. but still.. we probably got about a third of the corn crop to plant and upwards of Half or more of the Soybeans..
https://farmdocdaily.illinois.edu/2019/05/corn-price-increases-and-prevented-planting.html
The Market is going to have to BUY ACRES now..
Seriously..
Soybeans planted in JULY.. do not yield like Soybeans planted in May.. as of last week only 19% of the crop was in.. and now maybe we are up to..???
35%..???
How much gets in by June.. depends upon how long this pattern sits..
Edited by JonSCKs 5/23/2019 08:08
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