Re: Where's the BIG Gap Down, Genius?
The market is a big beast. Trends, reversals due to a multitude of factors keep on sending her down the road. As a producer, I am naturaly long. My choice is to how much I want to feed the beast. Forget personnal vendettas, that is how we roll and it may not be perfect, but it is a good system. USDA and all.
Right now, I think cx1 is right on(that may change). It was a poor finish(central Nebraska), in my opinion, to a wet year. Yields have been outstanding in places but time will tell.