Andrew Luzum

It's all data-based. Obviously, they impute data from – so you've got NASS, so like National Ag Statistics Service that would be doing the monthly production reports and yield estimates on domestic crops. The World Ag Board takes those into account. for the U S numbers. And then, you know, they're using ag attache numbers from various countries around the world.

It's all data-based. Obviously, they impute data from – so you've got NASS, so like National Ag Statistics Service that would be doing the monthly production reports and yield estimates on domestic crops. The World Ag Board takes those into account. for the U S numbers. And then, you know, they're using ag attache numbers from various countries around the world.

And then, you know, putting that all into one big matrix and saying, okay, if this guy's crop is this big and this guy's crop is this big and, Statistically speaking, we see this kind of demand change on those numbers. That's where we're going to imply that the demand is X for X, Y, and Z, and this is where these carryout numbers probably should be at.

And then, you know, putting that all into one big matrix and saying, okay, if this guy's crop is this big and this guy's crop is this big and, Statistically speaking, we see this kind of demand change on those numbers. That's where we're going to imply that the demand is X for X, Y, and Z, and this is where these carryout numbers probably should be at.

And then, you know, putting that all into one big matrix and saying, okay, if this guy's crop is this big and this guy's crop is this big and, Statistically speaking, we see this kind of demand change on those numbers. That's where we're going to imply that the demand is X for X, Y, and Z, and this is where these carryout numbers probably should be at.

Uh, you know, I, you know, unless we're missing like 20, 20 bushel an acre corn crop, but I don't think that's the case. So I, I didn't see that this, this time around now.

Uh, you know, I, you know, unless we're missing like 20, 20 bushel an acre corn crop, but I don't think that's the case. So I, I didn't see that this, this time around now.

Uh, you know, I, you know, unless we're missing like 20, 20 bushel an acre corn crop, but I don't think that's the case. So I, I didn't see that this, this time around now.

Yeah, I mean, you look at, you know, watch election night, you know, price moves. I mean, you have beans down 17, corn was down. I think, you know, the market, you know, you take the 16 election, you had similar type price action. I think the thing about this time is, like you said. This is a little bit more of a known, not quite the wild card.

Yeah, I mean, you look at, you know, watch election night, you know, price moves. I mean, you have beans down 17, corn was down. I think, you know, the market, you know, you take the 16 election, you had similar type price action. I think the thing about this time is, like you said. This is a little bit more of a known, not quite the wild card.

Yeah, I mean, you look at, you know, watch election night, you know, price moves. I mean, you have beans down 17, corn was down. I think, you know, the market, you know, you take the 16 election, you had similar type price action. I think the thing about this time is, like you said. This is a little bit more of a known, not quite the wild card.

Most of the tariffs that were, you know, on put on during the Trump administration are still in place today or increased during the last Biden administration. And I think the one thing that you can probably take out of, you know, the first Trump administration, too, was, you know, I think they, you know, terrorists were used as a tool to create behaviors from other countries that, you know,

Most of the tariffs that were, you know, on put on during the Trump administration are still in place today or increased during the last Biden administration. And I think the one thing that you can probably take out of, you know, the first Trump administration, too, was, you know, I think they, you know, terrorists were used as a tool to create behaviors from other countries that, you know,

Most of the tariffs that were, you know, on put on during the Trump administration are still in place today or increased during the last Biden administration. And I think the one thing that you can probably take out of, you know, the first Trump administration, too, was, you know, I think they, you know, terrorists were used as a tool to create behaviors from other countries that, you know,

we wanted corrected. And I think, you know, there's, there can always be the threat of tariffs doesn't mean that actually happens. So, um, you know, to be determined, but, um, I think it's a tool in the toolbox, obviously, you know, market facilitation payments and 18 and all that fun stuff as it relates to beans.

we wanted corrected. And I think, you know, there's, there can always be the threat of tariffs doesn't mean that actually happens. So, um, you know, to be determined, but, um, I think it's a tool in the toolbox, obviously, you know, market facilitation payments and 18 and all that fun stuff as it relates to beans.

we wanted corrected. And I think, you know, there's, there can always be the threat of tariffs doesn't mean that actually happens. So, um, you know, to be determined, but, um, I think it's a tool in the toolbox, obviously, you know, market facilitation payments and 18 and all that fun stuff as it relates to beans.

Um, you know, we all remember those days and I do think probably the one thing to be said is, um, If it feels like the ag producer is getting left behind or is getting unfairly treated or not getting the value, I'm sure it seems like there's probably going to be some program to help right that in some respect from that perspective.

Um, you know, we all remember those days and I do think probably the one thing to be said is, um, If it feels like the ag producer is getting left behind or is getting unfairly treated or not getting the value, I'm sure it seems like there's probably going to be some program to help right that in some respect from that perspective.

Um, you know, we all remember those days and I do think probably the one thing to be said is, um, If it feels like the ag producer is getting left behind or is getting unfairly treated or not getting the value, I'm sure it seems like there's probably going to be some program to help right that in some respect from that perspective.