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Southern MN | Depending on the MFP effect and remaining weather am guessing there will be some PP in soy, possibly quite a bit. Am guessing not many double plant acres will get planted with the weather, price, etc those guys are facing. The I states are going to pound all of the corn in they can in 2020 especially if they end up taking significant PP this year. The soy/corn ratio is at 2 or darn close to it. At what point does soy become a story? Or is there such a worldwide glut it just doesn’t make a difference? For those I’d you who like to run the supply/demand tables when does soy become interesting? | |
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What about soy?
