On the Grains
While we may not all agree on the election, or just how the next 4-years shakes out, we can agree that the it’s great to have the epic return of Yellowstone back on Sunday nights, one of the greatest TV shows ever made and if you don’t agree your just wrong. (HA kidding, this is America and its possible there might be one person that subscribes that doesn’t like the show)
Speaking of epic returns, the USDA and WASDE came back at us with some friendly news, I won’t go into too much detail as we covered it in-depth yesterday but the bean reduction was pretty drastic as it was the largest ever drop from October-November yield cut of 1.4 BPA. Most of the production loss was in an “I” state only Indiana had a yield increase. Overshadowing the report was news that wires services were reporting President-elect Trump had tapped Robert Lighthizer to return to the role of U.S. Trade Representative, the same role he had with China during trade war 1.0. Weather patterns have shifted to a touch dryer for South America, something to keep an eye on with the funds as short as they are.