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S MN | For starters corn isn't going deep into the 3s "soon". We'd have to plant 96 million acres and Brazil have a great crop of corn, and even then that might not be till three months away. Beans same story, i'm not saying they wont have a 7 in front when you had your eastern ND basis, but futures wont have a 7 in front of it soon. Secondly, why are you all concerned? Many analysts have been saying for months that story isn't good for beans. Delta has been saying for many months that beans need to go to 9? Mr.Grain did a nice post on Sunday/Monday maybe about the wedge beans were in and where they would be heading if they broke. | |
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