{"id":2153,"date":"2017-06-14T07:51:26","date_gmt":"2017-06-14T13:51:26","guid":{"rendered":"http:\/\/www.ctsfutures.com\/?p=2153"},"modified":"2017-06-14T07:52:16","modified_gmt":"2017-06-14T13:52:16","slug":"morning-thoughts-2017-06-14","status":"publish","type":"post","link":"https:\/\/udg.ehs.mybluehost.me\/morning-thoughts-2017-06-14\/","title":{"rendered":"Morning Thoughts – June 14"},"content":{"rendered":"
<\/a>Crops<\/u><\/strong> – <\/p>\n Please note this is just a small sampling of commentary available to clients.\u00a0 Please visit \n\n\n\n\n\n\t\n\t\n\t\n
\nSpring wheat speculation is all the buzz right now so allow me to jump on the bandwagon and pretend I know what I\u2019m talking about in regards to HRS.\u00a0 We know one of the first questions that can come up in years of poor conditions is abandonment of area.\u00a0 Attached here I have a chart showing a scatter of years 2003-2016 showing P\/VP conditions vs. % of planted area harvested.\u00a0 You can see there is a pretty strong relationship here and certainly one in which we can reasonably assume this year\u2019s abandonment is likely to be larger than usual.\u00a0 Note these are final<\/em> condition ratings, and I have indicated the current <\/em>rating with the line on the chart.\u00a0 Certainly we could see conditions improve from here.<\/p>\n