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| I’ll take the under. If there are an additional 7 million acres PP over last year that yields a big fat zero and 40% of the nations corn crop was planted in June that will be 25-30% off of trend based on planting date alone, then there is no way we are over 160. Throw in some extreme heat with minimal rain fall the last half of July and August....then we fall under 150. They can preach to us about how large the SA crop is for only so long. Just like they are telling us we have a 2bb carryout....where is it? Basis levels are at a historic level and rising. Even areas with huge crops last year are seeing basis levels well above normal. | |
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Graincast corn yield
