cancel
Showing results for 
Search instead for 
Did you mean: 
BA Deere
Honored Advisor

Elaine Kub bullish grains on M to M.

I know "famous last words" but she doesn`t see anything bearish that could derail corn and beans.

https://www.youtube.com/watch?v=88BOLRXKOOs

0 Kudos
3 Replies
rsbs
Veteran Advisor

Re: Elaine Kub bullish grains on M to M.

what was she saying a year ago when corn was trading at $2.75 per bushel?

 

BA Deere
Honored Advisor

Re: Elaine Kub bullish grains on M to M.

Red, that is a very good question!  I went back to Elaine Kub`s May 1, 2020  Market to Market visit.  We have to remember a year ago, they were euthanizing hogs and there was a perceived glut of grain over the market president Trump`s trade policies with China hadn`t yet came to fruition.   This look back in time is worth everyone`s 13 minutes.

https://www.youtube.com/watch?v=kQLLr5QI-7c

0 Kudos
sw363535
Honored Advisor

Re: Elaine Kub bullish grains on M to M.

wow 2020 really has a a lot of stigma...... and looking back there may not be comparable to anything.... but the reminder is fun to watch.

I do think there is a downside just because of instability in DC and enforcement of trade and export/import issues.

Weather is the big issue though--- and we watched the Southern Hemisphere go through severe drought and flood patterns.... both of which are detrimental to supply.  Unfortunately "what goes around comes around"--- was it a leading indicator or the swing of 2012 south.   The #1 issue is that our demand has needed record crops for several years now in order to have carry.  Weather doesn't do best senecio every year......