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juliedavis91849
Veteran Contributor

Compare these two lines and see if you can spot a similarity with corn prices

Your white line represents 1993...

 

Wet year pre pollination, ja.

 

Representing 2015 is the yellow line..

 

Appears middle of June is when both contracts show reversals- 

 

 

 

 Do I feel lucky ? .....Well, Bulls, do ya ?  July 4th ? ? ?

 

 

5 Replies
wrightcattle
Veteran Advisor

Re: Good post, juliedavis,

personally, i don't feel this is a 1993 type year ( the big h2o was in the N cb then ).

 

 

i tend to think there's a Lot of supposed corn acres in the S that just are Not there now.

just work your way s of the MO State Line clear to the Gulf.

( feel the same on several other crops 2 )

 

we'll see.

 

keep in mind All the "planting intentions" on J 15 were likely honest....just not physically possible.

 

on the flooded out stuff b 4 then....good luck...U figure it out...sooner or later.

 

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timetippingpt
Honored Advisor

Re: Compare these two lines and see if you can spot a similarity with corn prices

Just for balance...the corn in the field on the left clearly has good yield potential...and can't run out of moisture in July...so it just needs a couple of rains late July, early August, and the fields averages 180/200.

 

Someone should also point out that the price of corn in Sept was below today's price. Bullish indeed.

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roarintiger1
Honored Advisor

Re: Compare these two lines and see if you can spot a similarity with corn prices

The nitrogen loss is imminent in that corn.  Just pointing that out..............The chances for top yields in that corn are gone.  Respectable yields might still be possible....with perfect weather.  I might add that we are just scratching the surface on the disease factors in these waterlogged crops.

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Re: Compare these two lines and see if you can spot a similarity with corn prices

It looks like good corn to me.  The .025 percent of the field is gone but the rest will yield good.  It sure wont yield like 2012.

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FARM4FOOD
Veteran Contributor

Re: Compare these two lines and see if you can spot a similarity with corn prices

Just for balance I went away for two days last week had had a week of wet weather but no flooding and things looked great when I came back however corn was yellow and uneven soys stunted dropping leaves absolutely no bin buster where there is or was heavy rain

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