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S Illinois | Phantom yield loss affecting the US corn yield would seem to be making a mountain out of mole hill. To move the average harvest moisture enough to make phantom loss a factor would mean at least a 3-4% moisture harvest difference year over year. To collectively have harvested moisture change that much would only occur when harvest is extremely late (2009). On any normal harvest pace year, moisture in which harvest occurs doesn’t change that much. The earlier harvested/larger operations will still harvest higher moisture corn and those who normally let it stand will let it stand again. Basis and spreads are not that closely followed by all producers to sway harvest moisture that much. | |
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