CROP TOUR SHOWS MASSIVE BEAN YIELD

Written By Sebastian Frost

AUDIO COMMENTARY

  • Huge crop tour bean number

  • Massive 54.9 bpa crop tour beans

  • If tour is right, big potential downside in beans

  • USDA vs crop tour yields

  • Soybeans need a lot more demand

  • Crop tour corn would peg sub 2 billion bu corn

  • Spreads widened, so that’s negative sign

  • Corn posted lows this time frame last few years

  • Watch out below in soybeans potentially

  • Demand is starting to pick up

  • Brazil real vs U.S. dollar could be friendly

  • China cancellations would be detrimental

  • Capture the carry

  • Be aware & comfortable with downside risk in beans

  • Lot of talk about sub $9 beans

Listen to today’s audio below

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Sebastian Frost
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UGLY DAY FOR WHEAT & BEANS, STILL RISK, CROP TOURS, CAPTURING CARRY