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roarintiger1
Posted 6/30/2022 09:01 (#9727681 - in reply to #9727574)
Subject: RE: Report


NW Ohio
IALTO - 6/30/2022 07:46

Look at the overall situation. There are pockets of dry weather but overall we are in good shape with decent moisture in the forecast. The huge PP worries in the northern plains were generally a non event in the end. If there will be an issue with the crop, that'll have to be sniffed out at harvest or in January. But don't bet on that at this point. We've had plenty of opportunities to sell at great prices, and still can. Manage risk.


Well said.

But…. There cannot be one hiccup in our production. If there is, the lid gets blown off these prices.
The USDA’s job is to maintain an inexpensive and plentiful food supply. They are very good at doing this and will do so on paper forever.

Edited by roarintiger1 6/30/2022 09:03
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