Andrew Luzum

That's a traitor. That's a traitor right there.

That's a traitor. That's a traitor right there.

That's a traitor. That's a traitor right there.

Right. We get the WASDE every month. I mean, November, especially depending on harvest timing, is going to be – it's not your final one like the January one, but it's kind of going to be a big snapshot. Yeah. As you roll into the January, December usually is kind of a dud that's just let's repeat the numbers, maybe adjust exports and we'll see in January type of thing.

Right. We get the WASDE every month. I mean, November, especially depending on harvest timing, is going to be – it's not your final one like the January one, but it's kind of going to be a big snapshot. Yeah. As you roll into the January, December usually is kind of a dud that's just let's repeat the numbers, maybe adjust exports and we'll see in January type of thing.

Right. We get the WASDE every month. I mean, November, especially depending on harvest timing, is going to be – it's not your final one like the January one, but it's kind of going to be a big snapshot. Yeah. As you roll into the January, December usually is kind of a dud that's just let's repeat the numbers, maybe adjust exports and we'll see in January type of thing.

But, yeah, so this this report today, I mean, I you know, it gives you a little trend indication of where we think this yield and final yield is going to be now. And and, you know.

But, yeah, so this this report today, I mean, I you know, it gives you a little trend indication of where we think this yield and final yield is going to be now. And and, you know.

But, yeah, so this this report today, I mean, I you know, it gives you a little trend indication of where we think this yield and final yield is going to be now. And and, you know.

Obviously, like I said, demand piece is going to continue to be adjusted, but, you know, now we've got a pretty good picture of the supply side and, you know, now we're going to start focusing on, you know, do we finish the South American bean crop good? And then is Safrina crop late and, you know, all those things. And then, you know, we start talking about, yeah, new crop economics, uh,

Obviously, like I said, demand piece is going to continue to be adjusted, but, you know, now we've got a pretty good picture of the supply side and, you know, now we're going to start focusing on, you know, do we finish the South American bean crop good? And then is Safrina crop late and, you know, all those things. And then, you know, we start talking about, yeah, new crop economics, uh,

Obviously, like I said, demand piece is going to continue to be adjusted, but, you know, now we've got a pretty good picture of the supply side and, you know, now we're going to start focusing on, you know, do we finish the South American bean crop good? And then is Safrina crop late and, you know, all those things. And then, you know, we start talking about, yeah, new crop economics, uh,

you know, for 74, 80 D's corn versus, you know, sub $11 new crop beans. And, you know, for the, like you said, if you didn't raise corn on corn pretty consistently, I mean that, that math looks way better on the corn side of the world today than, than beans do.

you know, for 74, 80 D's corn versus, you know, sub $11 new crop beans. And, you know, for the, like you said, if you didn't raise corn on corn pretty consistently, I mean that, that math looks way better on the corn side of the world today than, than beans do.

you know, for 74, 80 D's corn versus, you know, sub $11 new crop beans. And, you know, for the, like you said, if you didn't raise corn on corn pretty consistently, I mean that, that math looks way better on the corn side of the world today than, than beans do.

I mean, I think more so in policy than, you know, reports per se. I know there's always the conspiratorial post-WASD, negative WASDs that, you know, USDA is out to get us, you know, comments that you hear occasionally. But suddenly when things are positive, those comments aren't nearly as widespread. So I think that answers itself right there. Yeah.

I mean, I think more so in policy than, you know, reports per se. I know there's always the conspiratorial post-WASD, negative WASDs that, you know, USDA is out to get us, you know, comments that you hear occasionally. But suddenly when things are positive, those comments aren't nearly as widespread. So I think that answers itself right there. Yeah.

I mean, I think more so in policy than, you know, reports per se. I know there's always the conspiratorial post-WASD, negative WASDs that, you know, USDA is out to get us, you know, comments that you hear occasionally. But suddenly when things are positive, those comments aren't nearly as widespread. So I think that answers itself right there. Yeah.

Yeah, certainly. I mean, we were talking about this this week. I mean, you watch these carries narrow up versus kind of the lows here in mid-October. You know, you got a dime carry from March to July in the corn board. That doesn't pay your interest costs.

Yeah, certainly. I mean, we were talking about this this week. I mean, you watch these carries narrow up versus kind of the lows here in mid-October. You know, you got a dime carry from March to July in the corn board. That doesn't pay your interest costs.