Posted 5/23/2019 13:11 (#7515651 - in reply to #7515640) Subject: RE: Seed industry lobbyists are popping champagne
WC MN
Agreed. The only rationale I can think of that would make any sense is they see large drops in supply and we need to get as much planted as possible to negate that shortfall.
I saw a short video yesterday that had the market analyst projecting 1.5 billion carryout for soybeans. I would guess we would be a couple dollars too high at current levels with that scenario.