|
| Todd
Basis in your area is strong.. sw ks bidding as much as 59 over..
Last years kansas crop was overestimated i still believe around 135 myn bushels.. feedlots were complacent.
Dryland fall crops look rough with our forecast.
That said national yields could fall 15 bushels and carryout still grows in corn.
We have more revisions to the down side on ethanol coming.
Maybe a weather rally but significant downside risk in my opinion afterwards.
2.50 corn possible on the board in 12 months.. hope im wrong.
Edited by JonSCKs 6/14/2020 01:06
| |
|
Bullish or Bearish Corn
