chad borman 08/21/2013 @ 7:04am
Wow like I have said before,some of these people that right these articles and reports for the cbot are complete idiots.
mark madsen 08/20/2013 @ 4:59pm
Oh for Gods sake. Is this guy nuts?? I just returned from an 8 day vacation up around the great lakes and Canada. In the time I was gone my corn has tipped back a half an inch already and that was in just 8 days. The crop in Wisconsin looks really tough, on both corn and soybeans. Didnt really see anything descent til we hit far southern Wisconsin and northern Iowa. This guy obviously has a postion in the market where he needs them to tank. The crops did look pretty good in northern Illinois Ohio and Indiana but you cant replace 3.5 million unplanted acres.
larry bylund 08/20/2013 @ 3:00pm
I JUST returned from visiting a export load out grean terminal in NEW ORLEANS there were farmers from the heart of the corn belt Iowa Illinois .....over dinner we discussed our crop possible yields and general crop conditions when asked about bean yields more than once everyone agreed first we must have pods 2 to 7 pods per plant wont yield 40+ bushels per acre .......I GET a real chuckle about these articles makes me wonder if they put their money where their mouth is DO THESE PEOPLE HAVE POSITIONS ON THE BOARD AND ARE REALLY TRYING TO BUST THE MARKET...... WHY don't they leave their ivory air conditioned tower and go out and look for themselver instead of making statements they cant back up .....
Ain't gonna happen
David Holloway 08/20/2013 @ 12:32pm
Might have beat USDA's soybean #'s with a general rain across the heart of the cornbelt last week. Now need one this week to hit it and that isn't happening either.
At least a week before such an occurrence develops, at which point we're looking at holding something a bit under.
And it gets worse beyond that point.
Doubt that the late dryness has hurt overall corn yields that badly but it certainly has soys, as it always does.
MIKE HOFER 08/20/2013 @ 12:16pm
Are you nuts? Late planting, drought conditions in much of the western cornbelt, very real risk of frost, weed and pest problems-and you people are predicting far above record yields?
I hope this doesn't find it into the hands of the super gullible people out there. They will be waiting for super cheap soybeans as they skyrocket in price. Even super duper extra wonderful yields out east won't offset the p-poor conditions many of us are seeing. I didn't see any mention of prevented planting acres, either. I have a feeling that many of the anticipated double crop beans are still in the seed bag, many growers felt there was no point planting into dust.
"That dog don't hunt."
mark guildenzoph 08/20/2013 @ 10:21am
If you read what the tour in the midwest is finding out is that the crop conditions and yield potential is actually worse than what the USDA report was stating. Also, where are you getting your information here in Illinois in the corn belt we are more than a month behind on the season with no rain and dry hot weather. Whats funny is that had the report stated what you are insisting the traders would have hammered the markets like usual any reason every one is so determined on driving the prices into the ground its a joke. Even with the facts in front of you, still you fail to except it sad sad sad.
Steve Dodson 08/20/2013 @ 11:23am
It will take a miracle rain and no frost to even approach 40 bushels. Had 1.8" rain on July 26th, that's it for the last 8 weeks. Late planted , replanted, fewer pods, smaller pods , will need 4" rain to fill
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