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Ontario | tmrand, we hope you don't sell your corn for $2.00/bu. OR we will all be in trouble!
The key in my opinion is what will the USDA say or admit to, on the January report. (How easily will they "eat crow" and lower the 13 bbu number.)
We have to wait and see if the farmers in the unforunate position to have part of the 12% of crop not harvested; can get it off? Then again... yield reductions and quality also.
USDA still can wiggle though, and say that other parts of the country were above average if they want. So what number they come up with, or admit to, is anybody's guess.
It sure has me jamned! I guess its like anything else, don't get too greedy and make sales that work for you. If, and probably when the admission comes and the rally happens...
I can see USDA coming up with any number... lower exports etc. There should be a good posibility of a rally, but BE CAREFUL! | |
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The Market not worried about unharvested corn?....or is it?
