Well a bunch of US crop got downgraded... but at 8$ pencil in 50 bushel hard red. ( hint, its a loss if you are paying anything above 80$/ ac rent).
it needed to do its usual spike in order to male sure adequate acres went in so they can push the fall price sub 8.00.
A bit of iran / israel scare and when oil goes up... everything goes up. ..
My new rule is that if, at seeding, you can price above crop insurance values for october.... then do it. They never seem to be wrong!
it needed to do its usual spike in order to male sure adequate acres went in so they can push the fall price sub 8.00.
A bit of iran / israel scare and when oil goes up... everything goes up. ..
My new rule is that if, at seeding, you can price above crop insurance values for october.... then do it. They never seem to be wrong!
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