06/11/26 Afternoon CommStock Report – Time to Take Our hand Off the Hot Stove?

June WASDE Highlights: There were no real highlights regarding changes in USDA corn/soybean/wheat production estimates and ending stocks. Production numbers were either unchanged from May or rounding adjustments made on 25/26 stocks. The 26/27 wheat carryover was reduced 18 mln bushel to 744 mln bushel. USDA boosted Argentine soybean production by 2 mmts, while Brazil’s soybean production remained unchanged from May. They added 2 mmts to Argentine corn production and 3 mmts to Brazil’s corn production. That is another nearly 200 mln bushels of corn that we have to compete with. Nothing bullish in the June WASDE. Weather is bearish too. Stocks and planted acreage reports at the end of the month will be the next chance for a reset. **********   Time to Take Our hand Off the Hot Stove? Part 2 of 2   Better Places to Live Most farmers today did not choose where they live and farm. In my instance, it was a great-great grandfather who bought what became the Kruse Century farm in 1896 in Clay township of Clay County Iowa.  I never met him but I am only farming where I am because of him. I imagine that it is much the same for many…