Burn bans in several Indiana counties. It is dry! Some soybeans run in the neighborhood (NC Indiana). Yields a little disappointing but at or near 5 year average. Talking with a neighbor said monitor range from 30-75 across the field. Average for the field was 57.
Let's be honest. The Fed cut interest rates to boost Kamila in the poles. Inflation rate is down because demand is down. People are running in the negative. Saving rate dropped from 8% to 2%.
Manufacturing is down significantly. Inflation absorbed any profits from the post covid boom and now general manufacturing demand is below pre covid numbers. It is not good.
My soybeans planted in early June have been destroyed by no precipitation in August or September. I know us here in se Illinois along the Wabash don't count.
Anecdotal: im 75% sold corn 90% beans. I needed to cap my losses and reduce unknowns. I sold some of it before this latest rally but only like 3% under the peak. Oh well, at least its settled.
Good morning! The US will hike tariffs on a number of Chinese products next week. How will China respond?? Also, drop your yield reports and location 👇
Huge crop here in southeast Iowa. Cargill is still close to $4 bid. Some are drying corn and hauling it off now to avoid the mess at the elevators later. Don’t see any need for a bailout. If you can’t make $4 corn @ 225 bushels work better get a day job.
I wonder if the average farmer is planting a full crop next year thinking the markets are cyclical , or are they weary that the BRICs have now captured global grains? Is the US now a residual seller ?
Mackenzie, make sure you wear a Nebraska shirt tomorrow, since Joe wore an Illinois sweatshirt today. Go Huskers!
Oh, you can bet I will... GBR!!
Burn bans in several Indiana counties. It is dry! Some soybeans run in the neighborhood (NC Indiana). Yields a little disappointing but at or near 5 year average. Talking with a neighbor said monitor range from 30-75 across the field. Average for the field was 57.
Let's be honest. The Fed cut interest rates to boost Kamila in the poles. Inflation rate is down because demand is down. People are running in the negative. Saving rate dropped from 8% to 2%.
So if people are running out of money, why is there a 45 minute wait to get in to Texas roadhouse on a week night?
@@user-ys5bd3xo3e fools and their money are easily parted. Credit card debt up $372 billion each quarter since 2021.
Fools and their money are easily parted. Credit card debt up $372 billion per quarter since 2021.
@@user-ys5bd3xo3evisa and Mastercard
@@user-ys5bd3xo3ecredit cards and keeping up with the Jones’ is quite a dynamic.
Manufacturing is down significantly. Inflation absorbed any profits from the post covid boom and now general manufacturing demand is below pre covid numbers. It is not good.
My soybeans planted in early June have been destroyed by no precipitation in August or September. I know us here in se Illinois along the Wabash don't count.
Anecdotal: im 75% sold corn 90% beans. I needed to cap my losses and reduce unknowns. I sold some of it before this latest rally but only like 3% under the peak. Oh well, at least its settled.
Good morning! The US will hike tariffs on a number of Chinese products next week. How will China respond?? Also, drop your yield reports and location 👇
Missouri. Corn 228. Beans tbd. China won't enforce tarrifs on us until they believe Brazil weather is improved.
GBR, Joe!
Soybean harvest is off in southeastern Indiana. Yields down,too dry.
Im guessing our later Missouri beans are same. They look ok but not great.
It will impact prices on goods for consumers.
No one has a revenue problem. Everyone has a cost problem.
You nailed it. Could not have said it better myself.
Huge crop here in southeast Iowa. Cargill is still close to $4 bid. Some are drying corn and hauling it off now to avoid the mess at the elevators later. Don’t see any need for a bailout. If you can’t make $4 corn @ 225 bushels work better get a day job.
I wonder if the average farmer is planting a full crop next year thinking the markets are cyclical , or are they weary that the BRICs have now captured global grains? Is the US now a residual seller ?
Rains and Tariffs plus harvest pressure= buy Put options for Downside Protection. 😮
Good morning!
Good morning
Tariffs is a very valuable tool. Trump showed us how to Fight China.
You mean how to agitate your biggest consumer and turn almost all of their business to South America?
@@Peter-mi2df You mean stop buying everything from China so that the US is not its slave.
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and what did Trump accomplish?