|
NW Indiana | Again I don't think this is 2012 scenario but I still believe production comes in well below the May wasde. It took until June 18th in 2012 before the market started to rally. News flash the problems started long before June 18th. Point is it is hard seeing a red screen while many need a drink but history shows this isn't anything new. Crop damage is starting to occur in areas and 10 days from now without rain it might start getting serious. If the pattern shift so many are discussing comes 10 days late? Crop rating will decline next week but again it took awhile in 2012 before the market cared, with the funds short I suspect it is going to be a Missouri show me before we get any kind of sustained rally. | |
|
Monday June 18th 2012
