Sold beans off the field, price was good then doesn’t pay to look back or second guess.
Got a lot of corn left to play with.
Basis changes a lot, some of us still have a lot of negative basis, if they do start sweeping out the corners of the high basis areas, then ours might change some.
The report didn’t increase corn exports as much as hoped for, so corn is down a bit, beans went up some.
Will be interesting to see how markets go in end of March or so, when we try to decide if we plant a bit more corn or a bit more beans. With both of them possibly in tight supply, it could get interesting.
Brazil and Argentina harvest should be kicking in real soon and steady the market, USA will be old news while SA will be the hot topic for a couple months time.
China must have had a really bad crop from all their flooding last summer, as well as thry must have had a really short reserve and used it up during the trade war. Such big news to see them buying corn at all, and then seeing them aggressive about it.
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