Posted 7/4/2010 19:34 (#1260501) Subject: Post report
Jun 30 report was a game changer. The market was caugth leaning the wrong way. With a 163.5 yield we have a 1.3 bil bu carryout. Not a lot. 4.2 bu below that and we risk going under 1 Bil. I do not want to argue if USDA is right or wrong. What is the farmer thinking? He was bullish the whole way down and now seems to me is ready to sell. Any thoughts?
Post report
