Mike Tweedy
๐ค SpeakerAppearances Over Time
Podcast Appearances
So, you know, just have the targets in mind, you know, the farmers, unfortunately, probably will fully undersold again for this crop. So there is going to be a lot of selling pressure out there. But, you know, know where you want to have a sale. just be happy with the sale. This isn't the year to necessarily probably get cute with, Oh, I think it's, you know, five 50 or six.
And Hey, if it does go there, start selling more of next year's crop and stuff like that. But I think rallies will be fairly limited. You know, the top end, you know, most of these years, like on the stocks use that we see today, I mean, you know, high end is maybe, maybe $5 new crop corn in a stocks use environment we're in today. So beans are,
And Hey, if it does go there, start selling more of next year's crop and stuff like that. But I think rallies will be fairly limited. You know, the top end, you know, most of these years, like on the stocks use that we see today, I mean, you know, high end is maybe, maybe $5 new crop corn in a stocks use environment we're in today. So beans are,
And Hey, if it does go there, start selling more of next year's crop and stuff like that. But I think rallies will be fairly limited. You know, the top end, you know, most of these years, like on the stocks use that we see today, I mean, you know, high end is maybe, maybe $5 new crop corn in a stocks use environment we're in today. So beans are,
little concerning with the stocks you use especially if south america comes around on their crop you know this 10 high 10 dollar you know window is kind of the top side of that range could be back into you know 850 type numbers which that that even with record yields is not going to be a lot of fun so so i got 470 and five dollars wrote down andrew told us we're going to get to now yeah i mean you know we do a lot of a lot of analytical looks and i mean we even got a
little concerning with the stocks you use especially if south america comes around on their crop you know this 10 high 10 dollar you know window is kind of the top side of that range could be back into you know 850 type numbers which that that even with record yields is not going to be a lot of fun so so i got 470 and five dollars wrote down andrew told us we're going to get to now yeah i mean you know we do a lot of a lot of analytical looks and i mean we even got a
little concerning with the stocks you use especially if south america comes around on their crop you know this 10 high 10 dollar you know window is kind of the top side of that range could be back into you know 850 type numbers which that that even with record yields is not going to be a lot of fun so so i got 470 and five dollars wrote down andrew told us we're going to get to now yeah i mean you know we do a lot of a lot of analytical looks and i mean we even got a
we have an equine analyst on staff and I mean, you know, you never know what things are in hold, but it's, it's like an 85% chance that you would have a shot at, you know, four 70 plus corn. Again, not a lot of fun, but it's way better than $3 and 50 cent corn.
we have an equine analyst on staff and I mean, you know, you never know what things are in hold, but it's, it's like an 85% chance that you would have a shot at, you know, four 70 plus corn. Again, not a lot of fun, but it's way better than $3 and 50 cent corn.
we have an equine analyst on staff and I mean, you know, you never know what things are in hold, but it's, it's like an 85% chance that you would have a shot at, you know, four 70 plus corn. Again, not a lot of fun, but it's way better than $3 and 50 cent corn.
Yeah, I think, I think we do. I mean, just the way the market's been reacting. I mean, we may go retest that step low one more time. Um, but I, I think unless we find, you know, one somehow come up with another three bushel an acre nationally or something crazy, you know, we're getting to that point where you run out of seasonality. You found demand sub $4 corn on the export side.
Yeah, I think, I think we do. I mean, just the way the market's been reacting. I mean, we may go retest that step low one more time. Um, but I, I think unless we find, you know, one somehow come up with another three bushel an acre nationally or something crazy, you know, we're getting to that point where you run out of seasonality. You found demand sub $4 corn on the export side.
Yeah, I think, I think we do. I mean, just the way the market's been reacting. I mean, we may go retest that step low one more time. Um, but I, I think unless we find, you know, one somehow come up with another three bushel an acre nationally or something crazy, you know, we're getting to that point where you run out of seasonality. You found demand sub $4 corn on the export side.
You know, it's just the bigger thing to think about is we aren't probably going back to $4.50 next week. It's we're, you know, we're $4, $4.20 type corn.
You know, it's just the bigger thing to think about is we aren't probably going back to $4.50 next week. It's we're, you know, we're $4, $4.20 type corn.
You know, it's just the bigger thing to think about is we aren't probably going back to $4.50 next week. It's we're, you know, we're $4, $4.20 type corn.
And the other thing too, to keep an eye on is, you know, selling these big carries, you know, you can go sell, have the opportunity to sell 450 July corn this week on the board, you know, 30 under basis in the local market or better zero basis, 450, 430 corn for next, you know, that's for the summer corn. It's, it's not the worst thing in the world.
And the other thing too, to keep an eye on is, you know, selling these big carries, you know, you can go sell, have the opportunity to sell 450 July corn this week on the board, you know, 30 under basis in the local market or better zero basis, 450, 430 corn for next, you know, that's for the summer corn. It's, it's not the worst thing in the world.
And the other thing too, to keep an eye on is, you know, selling these big carries, you know, you can go sell, have the opportunity to sell 450 July corn this week on the board, you know, 30 under basis in the local market or better zero basis, 450, 430 corn for next, you know, that's for the summer corn. It's, it's not the worst thing in the world.
You know, the, you know, big markets, big carries sell to carry and, you're not going to get burned too badly on that.