FREE FALL CONTINUES. HOW WILL THIS PLAY OUT?

AUDIO COMMENTARY

  • Funds became big time sellers

  • Down side move overdone?

  • Have the I-states been fixed?

  • Markets continue to trade forecasts

  • Are any of these crops made?

  • Lots of pockets that haven’t improved

  • Markets are undervaluing lack of subsoil

  • Market is trading trendline yield

  • Is there another weather scare out there

  • These rains aren’t tomorrow, they are later forecasts

  • Illinois & Iowa are still bone dry

  • What if we get a friendly report?

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WHAT’S NEXT FOR THE GRAINS?

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GRAINS SMACKED DESPITE AWFUL CROP CONDITIONS