Bare Knuckles Ag ™

soybeans price outlook

Pick one: Either USDA is too bearish or some 2020 crop futures too strong.

Background: I plugged Friday’s November WASDE numbers for 2019-20 and USDA’s recent initial “baseline” balance sheets for 2020-21 corn, wheat and soybeans into my WASDE Wizard ® forecasting model under 3 weather scenarios with interesting results. The next three tables…
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Friday WASDE hints trade spat “hangover”

Friday WASDE hints trade spat “hangover” to cost soy producers .68/bu. on 2019 crop. It was mostly a grim picture for the corn, wheat and soybean outlook in USDA’s first look at the supply/demand balance sheets for 2019 crops in…
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