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NE IOWA/ SE SD | "What if" is a poor marketing tool. It is one of the things that plays with your emotions. " I want to short futures, but what if corn runs another buck?" "What if I can't handle margins"
I think this is an excellent place to make an incremental sale. Only once in the last 14 years have we had a chance to sell corn higher than right now.
Market has roughly a 162-162 yield already figured in for corn. So a 3 bushel decrease in tomorrows report could be considered neutral. Keep an eye on acres also....that is one tool they have to keep a cap on this rally.
Overall I assume anything under a 13.1 B bu. crop would be bullish and anything over a 13.3 B bu. crop would be bearish.
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What if Friday is bullish?
