There is no bad corn in the corn belt which will raise the national averages. Minnesotat is below the three year average but it is still above a 170 nationa average. The huge once in a lifetime yields more then mask the nebraska and south dakota averages. I don't have the acre breakdown to average out the results, that will be tomorrow. Lets see the magic chip will use because he throws out the Pro farmers tour results and compiles his numbers to match the fsa.
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Get your buying hat on when corn hits 3.35, give or take a nickle either way. We may hit an early bottom before fall. It just means we will run out of sellers or all the bearish news is in. To drop below that we will need dec to be expired.
The Nass had mn at 164 on the last report and the Profarmer tour had them at 170.8. It looks like the Mn crop has to get bigger during the next report.
Pro Farmer 2013 had Minnesota at 181.09 and NASS final came in at 160. For the 5 years prior to that, Pro Farmer averaged 176.25 while NASS finals averaged 169.6.
Please explain from that data why the MN crop has to get bigger. I know, I know, you can't.
Clay you are right it does not have to get bigger. I think MN is maybe low 160s. Lot of damage done early in the growing season. In reality it does not matter the yield per acre but total bushels that come out of the state. I think if you average every acre that was planted in MN this year that we would not break 160.
Faulty data in,
Faulty data out.
Without a representative sample, might as well just admit it was just a beer run.