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cornoncorn
Contributor

prevented plant acres?

I thought I heard on the radio this morning that pp acres have not been taken into consideration yet by the usda reports. Is this correct? What effect might this have on corn prices?
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3 Replies
rayjenkins
Veteran Advisor

Re: prevented plant acres?

Will be incorporated into the November 8 report since October report was cancelled..

 

Pretty much baked in the cake, unless the net effect is more than 250 millioin bushels....or it drops carryout under 1.750 byn

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cornoncorn
Contributor

Re: prevented plant acres?

Thanks, wishing I had more sold, and hoping for a rally to sell a little more, or is it time to turn it in to cash? Yields aren't what I thought a month ago but better than what could of been with the spring weather, but sounds like overall most areas are better than expected.
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roarintiger1
Honored Advisor

Re: prevented plant acres?

"Baked in the cake"...........That really sums up the USDA reports pretty well.   Ray, have you been talking to Darin Newsom?   Smiley Happy

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