West of Lincoln a little bit | Which the last WASDE already did, dropping it from 176 to 166. So they assume a 20% drop in those states and same in the other states. Problem is, the other states aren't very dang likely to be the same as last year, as the problems affect a way bigger amount of acres than that. Most states are affected to some degree. That tells me there's room to drop quite a bit more and the trade doesn't seem to know it yet. Kind of astonishing to think the people who play with numbers every day can't see the numbers coming any better than that. |
IL yields
