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New Crop Soybeans
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Buddy Man
Posted 6/11/2020 21:20 (#8310304 - in reply to #8309455)
Subject: RE: New Crop Soybeans


Dawn, Missouri
Joe R - 6/11/2020 11:46

New crop soybeans dropped 10mbu vs last month and 35mbu less than the trade expected....and they are trading of......... Anyone got an explanation for that?


They also dropped world carryout on beans. The average guess was higher carryout for 20-21. Makes you wonder who is running this market? Lots of soybeans in our area will be planted and replanted! Predict 10 days of dry with several days over 90. 93 predicted for next Wednesday. We will need a big drink if that comes true.
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