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
CROP TOUR RESULTS
Chart Credit: Karen Braun