Posted 7/28/2020 21:18 (#8401892 - in reply to #8401873) Subject: RE: Things still looked good in August
Pierce county WI
Well, I said I was going to make another sale $.20 up from my last one. That was a June 2021 at $3.40 cash. I believe that was -$.40. Somewhere around there is my next target. It's kinda going to depend on the market and weather. If demand for exports stays up, and the weather stays par, then I'll be aggressive there. If we get weather problems and exports REALLY pick up, I'll take a cookie. Harvest should be early, and the market is expecting a big crop. I don't see tons of downside. Not that we can't drift lower into harvest. If you look above, you'll see that even the pro farmer crop tour didn't find a small crop. Oops, to clarify my next target then would be $3.60 cash June, or $3.40 Oct cash. Currently were looking at $3.18 June and $2.86 Oct, yikes!