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| “.. surprised if it’s bullish.”
Me also.
They had Kansas at 800 million bushels.. then added like 135 myn more to feed when the March stocks didn’t show up,
So I’m in the camp that they also overestimated last years crop..
However, even with ethanol grind improving.. as it did again today.. we are in such a deep hole that they probably can whittle some more off the E grind.
16 billion bu 2020 crop.. El Niño will probably trim that..but nationwide you have to lose almost 15 bushels just to hold carryout from growing.. golly I’m gonna hate watching that unfold.. it’s dry enough out here to believe that...
... nationwide... ???
Idk. | |
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