The following commentary does not necessarily reflect the views of AgWeb or Farm Journal Media. The opinions expressed below are the author's own.
Kevin Van Trump has over 20 years of experience in the grain and livestock industry.
Will the US yield fall to sub-40 bushel levels? How will the USDA use avg. pod weights? Will the Chinese keep their current importing pace? Will harvested acres eventually be cut by another 500,000 plus? Will South American weather cooperate and allow yet another record number of soybean acres to go in the ground? Will the gap at $13.31^4 on the NOV13 bean charts eventually be filled? These are all good questions. Many bears are complaining that the trade is simply too focused on the production problems in Iowa. Sighting that areas in the Delta and Ohio River Valley are seeing extremely good yields and could help offset the losses. Before basing your decisions on the good yields in the fringe states make sure you know and understand the numbers:
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