On the Grains
Good morning. Now we finally have something to discuss as the USDA came in with back-to-back bullish reports. We did release a special update on Saturday detailing the report and the implications, but now the question remains: what do I do with it now? We still have a bearish acre situation for 2025. Yes, we could get into a little bidding war, but beans still have some ground to move higher if we hope not to plant 95+ million acres of corn. The November/December ratio did work a little wider on Friday, 2.29.