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Veteran Advisor

Don't cry for me Argentina

Hopefully another wrong forecast.  There have been plenty this year.  If not, going to be a long fall in KS, MO, IA, MN, NE, WI, and NW IL.  Next week is suppose to be pretty dry in Iowa.  So for what it is worth:


This crop is big.  But just to remind me.  When did the markets acknowledge Brazil or Argentina's crop problems?

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Jim Meade / Iowa City
Senior Advisor

Re: Don't cry for me Argentina

The markets have obviously incorportated the perception of SA problems into prices.  Prices defacto reflect such perceptiosn.  Are you saying the perceptions are wrong - that the yields are worse than the prices reflect?  That is an arbitrage opportunity if so.

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