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| I still don't agree with the corn production number because usually with great yields farmers are on this site posting big yield numbers and plots and sure there were some but not as many as the past two years. The majority of farmers said their crop was average or slightly below average and all bins might be full but there are alot less big piles dumped and covered outside. So who is right the farmer that grows the corn saying they don't have as much or the USDA who says there is alot more on-farm storage this year and that is where all the extra bushels are? I also remember seeing great premiums at start of October because crop was delayed but weren't we supposed to have more then enough carryover from previous year as well? I keep saying we will be fine with 13+ billion bushel corn crop but what is going to happen when we get one that is 12- and the ending stocks are not there from the previous year? | |
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A trading lesson for anyone interested. (Learning tool)
