Start Date

1-12-2015 12:00 AM

Description

While the weather and growing season crop circumstances were different, the 2015 marketing year has some strong parallels with the 2013 and 2014 marketing years. Production is strong enough to meet or exceed demand. Stock levels are holding. And prices remain lower than most producers hoped when they planted the crops. Hence, a good deal of my discussion follows from the outlooks for the 2013 and 2014 crops. So, yes, I sound like a broken record. But there are good reasons why.

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COinS
 
Dec 1st, 12:00 AM

Sounding like a broken record

While the weather and growing season crop circumstances were different, the 2015 marketing year has some strong parallels with the 2013 and 2014 marketing years. Production is strong enough to meet or exceed demand. Stock levels are holding. And prices remain lower than most producers hoped when they planted the crops. Hence, a good deal of my discussion follows from the outlooks for the 2013 and 2014 crops. So, yes, I sound like a broken record. But there are good reasons why.