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U.S. Heat ...

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    U.S. Heat ...

    She's Gona burn that corn and beans - if it lasts like some forecasts are showing
    That bin buster corn / bean crop might be lucky to get in the bin .
    Humidex values going to be low 50's , well into the Tripple didgets.
    Sit tight IMO

    #2
    It's hot, but it's fairly wet . . . .

    U.S. corn crop is now rated 76% good-to-excellent. This rating has only been achieved once in the past 50 plus years.

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      #3
      Back years ago we had three days of hot dry SW winds pushing hot air north from the Phoenix area! Durum turned white by the end it was first week of August! All the water in the world won't help! Ah the fricking crop isn't a done deal till its in the pit!

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        #4
        But the "TRADE" hopes/prays/wishes for MAX bushels till the cows comes home, to make $$$ on volume. That is all that matters to them!!!! Won't admit reduced crop till they are beat into submission, usually a year after.

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          #5
          Must almost be time for the trade to start talking about the huge acres and bin busting yield that will be coming out of South America.......

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            #6
            corn and beans both like heat, not so? especially corn.

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              #7
              Errol,
              Do you ever get a hard on? #permabear #alwaysdowndowndown

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                #8
                LOL----Belly laugh, too funny!

                I am not "qualified" to criticize the "bear"er of market conditions....

                I'm not a professional market "anal"yst, I grow it and try making money selling it. Simple farmer.

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                  #9
                  One single tiny cloud will appear in west texas and the industry rhetoric will be a perfectly timed rain. This will drop corn and soybeans another 20 cents a bushel. All is well in the usa!

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                    #10

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                      #11
                      For what it's worth . . . on the weekly charts, corn appears to have key support at $3.20/bu.
                      Now fast approaching . . . .

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                        #12
                        Errol...don't let the good natured ribbing get to you. Don't give up on us!

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                          #13
                          thanks farmaholic . . . I'm old 'n crusty anyway.

                          Just report on market trends, don't make em . . . .

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                            #14
                            Corn at tassel can not take that heat long - regardless of how much rain there has been .
                            It will depend on how long it lasts as well . corn likes heat , 85 to 90 is no issue what so ever.
                            Sorry but over 100 for too long at this time corn and beans will suffer .

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