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Schochoh Ky | Wow everyone is slamming the op , who can we trust to tell us bean projections ? USDA ? Seems like forecasting ending stocks , yields , acres, is like forecasting the election , nobody knows .How did our own USDA screw up ending stocks . Each of us has to guess with the best information available, crop size and prices , it’s a total crap shoot . A few here can help chart this market and I have more confidence in them than any news wire , Internet story , or USDA.I’m sure acres are up in South America, but they too have an agenda to be the world largest , bean producer , are they telling the truth on acres, or are they similar to the USDA , depending on early crop harvests , here ,Conab there depending on second crop production to pull their numbers. I agree South America acres are up , but truly how much seems to be the question . Throw the dice and see what you get ! | |
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Why does it take the market
