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reply to post by AFewGoodWomen
page 1: www.fbo.gov...
message 1
Weapon Weapon Weapon Weapon
Oct 16, 2013
7:24 pm
Point of Contact(s):
Weapon 111-111-1111
Classification Code:
B --
Yields of corn and soybean harvest continue better than expected, and that will pressure grains once the world learns about these larger than expected yields. However, the government is currently shut down, and no longer will we be receiving weekly crop condition ratings and weekly export numbers. More importantly, there will be no issuing of an OCTOBER report by USDA, where its likely that yields of both corn and soybeans would be hiked due to the better than expected yields being harvested right now.
Instead, the uncertainty of having no government reports when we are used to them telling us how much is harvested, how the crop ratings are going, and how much grain is being used each week through the vast array of government reports. Instead, there is just more and more uncertainty in what is happening with the grain market. That is leading to higher prices, as the market drifts higher in grains the longer we go without the government reports. This is good news for market bulls, especially as we enter harvest of what is likely to be near record or record large corn yields, and a decent soybean crop, too, in spite of a dry period of over a month long from mid-August to mid-September.
But since mid-September, it has become painfully obvious that the dry period did not do nearly as much damage as expected to soybean and corn crops. The biggest surprise perhaps of all has been soybean yields, which have been mostly surprising people on the large side of yields. It was surprising that the month long stress of hot and dry conditions did not do more damage. In fact, Pro Ag yield models last week rose sharply for soybeans as crop conditions improved 3% last week to 53% G/E, with the Pro Ag yield model now at 43.73 bu/acre, now slightly above trend yields.
violet
reply to post by AFewGoodWomen
Maybe rodent is code for human lol
I'm not really clear on what this is really about.
What's supposed to happen , when and where?
Can you share your paranoid ideas so I may get paranoid as well? It would be more exciting that way.