cancel
Showing results for 
Search instead for 
Did you mean: 
c-x-1
Veteran Advisor

What's YOUR best guess for Sep USDA est.

Corn:                                 Beans:

 

a. above 10.5b                a. above 2.65b

b. 10.5 - 10.30                 b. 2.65 - 2.60

c. 10.30 - 10.1                 c. 2.60 - 2.55

d. 10.10 - 9.90                 d. 2.55 - 2.50

e. below 9.90                   e. below 2.50

0 Kudos
11 Replies
Mizzou_Tiger
Senior Advisor

Re: What's YOUR best guess for Sep USDA est.

C for both
0 Kudos
67guy
Veteran Contributor

Re: What's YOUR best guess for Sep USDA est.

I'm with the Tiger on this one.  C for both.

0 Kudos
jeremey.frost
Frequent Contributor

Re: What's YOUR best guess for Sep USDA est.

C/D .......but more important will be what the USDA does for the demand side of things...........

 

the small crop most likely continues to get smaller...........and comes below trade estimates once again..............but bigger thing will be what the USDA says demand is going to do............and then if the market believes it.............can't afford any price break that add's any demand or doesn't curb it as much as needed

0 Kudos
roarintiger1
Honored Advisor

Re: What's YOUR best guess for Sep USDA est.

I still contend that the USDA will continue to set the carryover at the number that they want and work the numbers backwards. However,  without much higher prices (especially in soybeans) demand is not going away.  I'll guess no lower than C.....for now.

0 Kudos
sw363535
Honored Advisor

Re: What's YOUR best guess for Sep USDA est.

C & C  my guess----------------------usda will make harvest prove lower and drop into 9's in Oct   still guessing.

 

 

0 Kudos
Farmerjoe79
Senior Contributor

Re: What's YOUR best guess for Sep USDA est.

I think they will be below 10 on this report In sept
0 Kudos
c-x-1
Veteran Advisor

Re: What's YOUR best guess for Sep USDA est.

i don't disagree at all Farmerjoe that it is a distinct possibility/probability you are correct.

However, if you don't mind, will you elaborate. Mathmatically - 85.7m harvest w/ 116 yield = below. where do you see the reductions coming in??

 

thanks,

c-x-1

0 Kudos
Farmerjoe79
Senior Contributor

Re: What's YOUR best guess for Sep USDA est.

I see the harvested acres at 84 million and somewhere between 110 to 115 yield. There is huge yield loss coming from corn just Fallin off if farmers don't get out an get harvesting it's going to get alot worst. I hope the wind stays away for a while.
0 Kudos
Hobbyfarmer
Honored Advisor

Re: What's YOUR best guess for Sep USDA est.

 

Over 10 on the corn and more beans than is really out there too.

0 Kudos