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Verified FBN Member (IA)

Marketing

FBN marketing recs

So a week or two ago FBN came out with estimate of 169 bpa on corn. (Didn’t know acreage estimate). Today new rec to go long? Feel that is contradicting. Obviously things change but feel free to explain/discuss.

5

Kevin
Kevin McNew
FBN Economist
FBN Employee

Thanks for the question. FBN crop marketing is constantly evaluating key drivers that influence price. Our yield model a few weeks ago was at 169 but has come down as a result of deteriorating conditions. The map shows yield vs trend and highlights some of the key regions that are struggling.


And of course, this year also has the added wildcard about corn and soy acreage that got planted. USDA w...

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9

Verified FBN Member (ND)

Hind sight being 20/20 looks like FBN was correct at 169 according to USDA.

Verified FBN Member (OK)

Good info, thanks for sharing

Verified FBN Member (IA)

Thanks *****!