East Central South Dakota | of this market and mentality has turned bearish, and it is going to take a lot of bull feed to change direction. A lot more bull feed than producers think. USA dry, China dry, Ukraine production in question and ending stocks tight. The last three years we would be a dollar higher in corn and 3-4 bucks higher in soybeans with these events. Brazil crop is big, and big enough to feed world demand currently. Eventually they will run out of grain, but but......... If it starts raining with this new market mentality, we could see much lower from where we are. Place your bets folks and make sure your bet doesn't jeopardize your farm income direction into a hole. |
Market mentality (managed money) drives direction...
