So yesterday the USDA released a big report. Less corn and soybean acres seeded than were expected. Less grain inventory than expected. Consequently soy was up about 6%. Corn and wheat were also up. Was not mentioned on here, is this because there is no optimism due to the weather?
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Watching.
Still have oc corn to price, maybe half. Looking at ~$375T delivered to feed mill for non-GMO. What am I waiting for?
Half sold on nc soys, current opportunity in nearing $17.00 again. Recent rains give some optimism.
Don't like pricing nc corn until it's dry, dealing in the non-GMO market with my few acres, so like to capture what's there and the mill holds back a bit that far out.
But oh my goodness, what levels we are seeing.
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Originally posted by Hamloc View PostSo yesterday the USDA released a big report. Less corn and soybean acres seeded than were expected. Less grain inventory than expected. Consequently soy was up about 6%. Corn and wheat were also up. Was not mentioned on here, is this because there is no optimism due to the weather?
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