They won't replace it. They're playing by China's rules now, dropping hints at not buying as much US crop production just to manipulate the price. They'll want non GMO, won't find enough to satisfy their needs, and come back and by more US corn.
Mexico attempting to lower the price of US Corn by doing a GMO head fake. Too bad they have absolutely zero source for that quantity of non GMO corn and lots of hungry mouths to feed… I mean not as many since they let all the convicts out as long as they primised to cross the US border, but still
Joe. I’m in Mexico. Been in ag trading for more than 30 years. There’s no way this mandate will go forward. Most of the 17-18 MMT come into Mexico by rail from interior border cross to big consumers in Central north and west north Mexico. Importing SA corn at the ports will be impossible to get this market. It’s all ideology and politics involved.
Thanks for the update and keep doing what you do<. My journey in the current market has taught me a lot of lessons, at the top of that list is that it never pays to live above one's means. I have managed to grow a nest egg of around $600k to a decent 7 figures in the space of a few months. Sad to say but a lot of us have poor money management skills. My 2 cents -get an advisor to keep you accountable and aid you make better decisions,FLOYD JOHNSON has been helping me a lot, all through my journey. I find it better to pay a little bit more for peace of mind than worry about money or market trends and still get burned..<….
DIESEL SUPPLY at 25 day levels???? Then what???
Why is it so hard to find NON GMO buyers of corn and beans? Where are they?
Good report
My neighbor in central Ohio. That usually gets 220 corn and 55 beans. Is getting 160 and 35. New news last night.
If you go north to Delaware county. It's 20 bushel corn and high vom.
Sorghum is 30 to 40 cents bu under corn. , sounds like that would work as a feed grain substitute
Good for Mexico!!!
I can’t stand the gmo crap so to see a country stand for truth is awesome!!!…
Shalom!..
They won't replace it. They're playing by China's rules now, dropping hints at not buying as much US crop production just to manipulate the price. They'll want non GMO, won't find enough to satisfy their needs, and come back and by more US corn.
Mexico attempting to lower the price of US Corn by doing a GMO head fake. Too bad they have absolutely zero source for that quantity of non GMO corn and lots of hungry mouths to feed… I mean not as many since they let all the convicts out as long as they primised to cross the US border, but still
Joe. I’m in Mexico. Been in ag trading for more than 30 years.
There’s no way this mandate will go forward.
Most of the 17-18 MMT come into Mexico by rail from interior border cross to big consumers in Central north and west north Mexico. Importing SA corn at the ports will be impossible to get this market.
It’s all ideology and politics involved.
Farmers need gmo traits. Production would be cut by quite a bit if we had to go back to conventional traits. Who goes without first?????
Thanks as always.
What is most of the corn to Mexico used for? If it's livestock feed, then let's just sell them American grown Beef, pork,….🤷
Diesel @ $4.73 today. Corn @ 21% moisture. Starting harvest Monday NE WI.
So grain corridor suspended by Russia. Let's see wheat price action on Monday morning.
Thanks for the update and keep doing what you do<. My journey in the current market has taught me a lot of lessons, at the top of that list is that it never pays to live above one's means. I have managed to grow a nest egg of around $600k to a decent 7 figures in the space of a few months. Sad to say but a lot of us have poor money management skills. My 2 cents -get an advisor to keep you accountable and aid you make better decisions,FLOYD JOHNSON has been helping me a lot, all through my journey. I find it better to pay a little bit more for peace of mind than worry about money or market trends and still get burned..<….