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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Today's Featured Article - Third Brush Generators - by Chris Pratt. While I love straightening sheet metal, cleaning, and painting old tractors, I use every excuse to avoid working on the on the electrics. I find the whole process sheer mystery. I have picked up and attempted to read every auto and farm electrics book with no improvement in the situation. They all seem to start with a chapter entitled "Theory of Electricity". After a few paragraphs I usually close the book and go back to banging out dents. A good friend and I were recently discussing our tractor electrical systems when he stated "I figure it all comes back to applying Ohms Law". At this point
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