| Yes sort of. They intentionally overestimated crop production in the “PP” year. They’re playing their game mostly with acres.
Correct me if I’m wrong but we are growing less corn acres in 2020 than we did in 2019. Right? So more acres of corn in the preventive plant year. Yeah right.
Most the PP acres went in the corn.
Corn deficit area not far from us posted a positive basis around the first the year,, unheard of!
Now we’re .50 under.
Pandemic + USDA = no new Vette..
IN555 - 8/1/2020 21:04
So you are saying they will reduce the actual size of the 2020 crop in order to make up for a short fall in 2019? How do you know they didn't understate the 2018 or 2017 or 2016 crops to where there was already ample to make up for the 2019 short fall? RMA yields would suggest many years they actually understate the crop. Has me under the belief for years they are in the business of managing the food supply not making a cheap food supply(even though that seems to create a steady lower price). |
Random thoughts going through the mind.
