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Quick Thought
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SeniorCitizen
Posted 11/14/2007 10:00 (#237779)
Subject: Quick Thought


Trying to catch up. The Informa acreage number "lost bean acres" from their October estimate. An easy way to look at this thing...we need 3,000 b. bushels of beans here forward...this year we need 72 mil. soybean acres...bean prices have to gain on corn by mid-february...the caution: funds are huge longs....so occasional washouts should be anticipated. Wheat...need to evaluate more but will do so tonight.
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