No way a world famous corn speculator like Fishhead would be caught dead on theRX paid poster list 
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details pls..Comment -
Traders have expected the cold, wet spring in the eastern Corn Belt and northern Plains to cut into corn plantings, but seeing lower acreage in a USDA report still seemed to come as a surprise.
“New-crop corn is the story,” says Ben Parks, risk management consultant at INTL FCStone, Kansas City.
Corn plantings this year will reach 90.7 million acres, down from 92.2 million estimated in March, says USDA in the June World Agricultural Supply and Demand Estimates report.
Corn futures surged around 20 cents in response to the report.
“I think the trade was surprised with that,” says Parks. USDA analysts normally make acreage revisions in the Acreage report at the end of June. “It's been historically very rare for USDA to reduce acreage in the June WASDE,” says Parks. He doesn't expect a further reduction for corn in the Acreage report.
USDA analysts also pared 400,000 acres from their projections for harvested acreage because of flooding in the lower Ohio and Mississippi River valleys in May and the Missouri River valley in June.
Projected national average yield of 158.7 bushels per acre, unchanged from last month's estimate, would produce a crop of 13.2 billion bushels, says USDA. Even though the projected crop is down 305 million bushels from last month, notes USDA, it is “still a record, and up 753 million from 2010-11.”
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Corn
Props
Corn
Props
Not sure which one I'm liking better these days
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Should I go to Safeway and buy all the corn I can find?Comment -
Nah, products containing corn in the grocery stores will only seen a small increase in value..........for instance, a box of corn flakes selling for 3.53 last week, may sell for 3.61 this coming week.
Relax
You will see a significant increase in beer, pork , and chicken though...........perhaps as much as 20%............these animals eat corn for feed.Comment -
Fishead....scalping and arbing is not being sharp pal....when you realize that...you will be a new man.Comment -
Food chain is very important in how we operate
ploymers are the key to everything
Stay connect to this crazy worldComment -
Traders have expected the cold, wet spring in the eastern Corn Belt and northern Plains to cut into corn plantings, but seeing lower acreage in a USDA report still seemed to come as a surprise.
“New-crop corn is the story,” says Ben Parks, risk management consultant at INTL FCStone, Kansas City.
Corn plantings this year will reach 90.7 million acres, down from 92.2 million estimated in March, says USDA in the June World Agricultural Supply and Demand Estimates report.
Corn futures surged around 20 cents in response to the report.
“I think the trade was surprised with that,” says Parks. USDA analysts normally make acreage revisions in the Acreage report at the end of June. “It's been historically very rare for USDA to reduce acreage in the June WASDE,” says Parks. He doesn't expect a further reduction for corn in the Acreage report.
USDA analysts also pared 400,000 acres from their projections for harvested acreage because of flooding in the lower Ohio and Mississippi River valleys in May and the Missouri River valley in June.
Projected national average yield of 158.7 bushels per acre, unchanged from last month's estimate, would produce a crop of 13.2 billion bushels, says USDA. Even though the projected crop is down 305 million bushels from last month, notes USDA, it is “still a record, and up 753 million from 2010-11.”
FERTILIZER stocks surging
Get in Ag related investments folks..........hurry.
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SBR ownership is proud to have Fishhead working for us!
We appreciate your efforts here, Fisher!!Comment -
yes posters, please look at fishead as a role model to emulate
maybe one day you too can be a DUMPSTER DIVERComment -
Paging Teddy "Iceman" MonroeComment -
Hotstreak you page?Comment -
Guys advance to the nest level, you can do it with hard work and guidance.....I'm here for you.
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Wait... Opie who?
