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Planting progress reports
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Beers on ME
Posted 5/4/2021 08:15 (#8986563 - in reply to #8986200)
Subject: RE: Planting progress reports

The reason that this HUGE run up is occurring is because the USDA has NO clue!!!!!!

Last 3 years all the "trend line" yield they throw out is close to or is a new record??????

They keep using inflated yields to keep price down, now they got caught with their pants down!!!!

You say WE "don't understand these reports" ??? which market expert seen this coming even as late as Christmas time??? NOBODY

Every market report in 2020 painted doom and gloom and overproduction, $9 beans off combine was a gift I remember hearing.

The reason the prices are where they are is because most sold their crop $2-3 bucks ago for corn and $4-5 bucks ago on beans and now there is very little left.

Nobody can interpret the USDA!!!!!!!!!!!!!!!!!!!!!!!!

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