BEAN DEMAND STORY CONTINUES TO GROW AS CROPS GETTING SMALLER

AUDIO COMMENTARY

  • Crop tour results below*

  • Determining supply & yields

  • Solid demand story isn’t going away

  • Crop tours overall friendly vs USDA estimates

  • Impacts to basis in different areas

  • Be prepared if your area has a big crop for elevators & ethanol plants to take advantage

  • Not giving away inverse, other recommendations

  • Tools, managing risk, & being proactive

  • Corn approaching seasonal lows

  • Wheat basis.. build more bins if you are growing a specialty commodity

  • Longer term situation should lead to more demand

Listen to today’s audio below


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CROP TOUR RESULTS

Chart Credit: Karen Braun

DAY 4

DAY 3

DAY 2

DAY 1

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BEANS CONTINUE BULL RUN

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CROP TOURS, BRUTAL HEAT, & NO RAIN