Posted 2/22/2021 19:30 (#8851751 - in reply to #8851737) Subject: RE: What did dec 21 corn open at?
4.75 is a real possibility near term. New crop starting to get the attention. USDA numbers are lofty. The new crop market didn’t flinch at the results from the forum. Market knows they are highly unlikely to be achieved.
You can print record yields and record acres.......but you can’t have both. Scientifically impossible
I find it comical how the USDA and the end users just “assume” the product will be there and they can buy it hand to mouth.