Posted 7/29/2020 08:36 (#8402551 - in reply to #8402537) Subject: RE: Wow, looks kinda familiar
So the question is when do you change your outlook? The first big domino in the 2010/2020 comparison was a miss:June stock reports were opposites of each other. When the Aug supply and demand report comes, July weather summaries, Aug weather forecasts, Sept 1 stock, price action that is beginning to deviate from the analog year? Will you be patient until the Jan crop report? Just wondering what data point you are keying in on for verification or re-evaluation of this comparison.
You may also want to delve into the 2016 crop and that price action. That will become more pertinent as we go along.