West Central MN (between MMF and Larson's) | 35% of a “normal “ crop in hedge account at something like 6.03 avg.
might be a pretty high percentage of this year’s crop.
Was initially hoping to scale in sales in the 6.25-6.50 area on another 1/3 on a spring rally. My target is likely now going to have to be adjusted lower.
Brazil safrina crop is going to limit opportunities for a big upswing unless they get an early frost.
Brazil puking cheap corn and soy into the world market is limiting our upside |
New crop corn
