Re: 141-144 bu/ac corn, 37-38 bu/ac soybeans = $8-$9/bu corn, $17-$19/bu soybeans
OK, that IS funny. I got the Wizard of Oz inference - lions, tigers, & bears. Just be positioned for the poppy field. wait, where are the bulls? Ha! - from "Liar, Liar - Jim Carey", "ding, ding, ding, what do we have for him."
But seriously, can't puts be sold to help make up some of the bottom line which is lost on physical?
Re: I'll take that
in 2002 and 2003 in SC NE we went thru a dry spell... once the pollination was done no amount of rain will put kernels on the cob... and as far as Soybeans... ugly...without rain they shrink back loose leaves abort blooms and the yield goes down ... picked 10 t 30 bu corn and 10 to 15 bu beans... BTW beans were 3' tall end of July that year shrank to 18 inches and shorter by harvest... 1988 wasn't that bad here but this year looks like a repeat of 02 and03 where we didn't finish with rains in July and August... just saying..