Mark

If you believe the price of gasoline went down 60 cents. The price of diesel went down 80 cents in the last 3 days since the midterms on Tuesday because of the price of oil falling or other natural economic indicators; you’re gullible and do not understand how deep the Deep State is and its ability to manipulate certain sectors of the economy for political purposes. Look at oil companies' quarterly profits last quarter, and when this quarter's reports come out, you will realize President Trump was right again.

Dear Seed companies, if you want to continue to increase your prices year over year you should figure out how to provide more value. 3-5 yr old hybrids are performing as well or better then older ones, and traits have less value, yet I’m now paying smartstax price for doubles.

Corn Basis Starting to Tell the Truth or just Noise??? ... #cmdtyView County Basis Map this Week: ❇️ Central Nebraska: 40 under ❇️ Decatur IL: ADM spot basis +10 over, up 25 cents from a -15 harvest low a month ago. Last year’s crop didn’t see +10 until May. ❇️ Indiana, western Ohio: 43 to 49 under ❇️ Louisville/Cincinnati: 25 under ❇️ NW and central Iowa, SE South Dakota, ❇️ SW Minnesota, north Missouri: 55 to 67 under Why the green is green: 🔸 Nebraska production is down 10% from last year on 188 bpa that the crop weather crowd doubts (hot, dry pollination, record warm nights, harvest only 66% done). Illinois cut to 208, and producers in north central and central IL are running 20 to 40 bpa under last year. 🔸 Indiana cut to 200 after August floodwater put ears under. Iowa printed a record 219, and southeast Iowa basis is the weakest on record for the date. 🔸 That is the cash market auditing USDA’s state yield table in real time. Where production fell, bids are climbing before harvest is even over. Where it grew, bids are sitting on the harvest low. Ethanol grind just hit a six-week high at 1.143 mil b/d, plants in NE, IL and IN are back at full rates, and farmers are not selling $4 cash. 🔸 Ohio and Kentucky are green on demand, not shortage: Ohio’s crop is up 7% and its ethanol plants are still bidding 20 cents over normal. What it means on the farm: 🟢 Green zone (NE, central IL, IN): the basis rally you store for has already shown up. Sell cash or lock basis on bushels you’ll move by March. Want to stay long? Re-own with calls. Don’t pay to store into a 14 cent Dec/Mar carry when the local bid is already paying spring money. 🔴 Red zone (NW IA, SD, MN, N MO): you’re at the harvest low. Seasonals say roughly a dime of basis recovery is still ahead. The carry is paying you to store (a little): hedge March/May, set basis after the western harvest clears the pipeline. 🟣 Strong local basis + weak futures + a wide carry is the signature of short crops inside a big national number. Tuesday’s USDA report tells us what the elevator already knows. Watch Nebraska and Illinois. Maps and charts: cmdtyView by Barchart. County basis, elevator bids and basis history in a few clicks. If you market grain, it belongs in your toolbox, amazing tool! #cmdtyVIEW #corn

President Donald Trump’s chief economic adviser said the administration won’t be revamping its economic policies in the wake of Republicans’ sweeping defeat in the midterm congressional elections. bloomberg.com/news/articles/…

One of the things the data analysts on our side obsessed over was "composition"—whether the electorate looked close enough to 2024 for Republicans to win. And despite polls that showed a Democrat blowout, the data kept on telling us the same story: in some states turnout was merely OK, in other states it was downright amazing, and in no state was it catastrophic. There was a genuine sense of optimism on our team: our people were showing up. So, I asked the smartest data guy I know, does that mean we're going to shock the world? "No," he told me. "We might do better than the polls suggest. But the data is telling us that a lot of Trump/Vance 2024 voters are pissed and planning to vote for the other guys. Our voters are turning out, but they may not vote for us." Well, that looks prophetic now. Our voters did show up. In Florida, for example, the electorate was 9 points more Republican than Democrat, just a couple points worse than 2024. Undoubtedly there were places we could have done better on turnout. But the main problem is not turnout. The main problem is that many people who voted for Trump/Vance in 2024 voted for Democrats in 2026. There will be a lot of infighting and arguing over what happened and why that is. One of the pollsters I really respect told me that our economic messaging wasn’t sharp enough down the stretch. I’m sure that’s true. But the real reason we lost is obvious to almost everyone. Another pollster—one of the smartest people I know in politics, told me yesterday we’d lose the generic ballot by 13 points. I felt negative going into Tuesday, but even I was shocked by this. In his polling, he saw that a lot of Trump 2024 voters were angry and planning to vote for Democrats. He asked those voters who had abandoned us what would cause them to come back on our team. The top four answers, accounting for nearly all of the responses were: 1) End the war 2) Focus on cost of living/inflation 3) Put America First 4) Change our relationship to Israel Our voters showed up. And the above four reasons are why many of them voted for Democrats. This is according to a pollster who nailed the results. While many spent Monday attacking Rachel Campos Duffy for calling for a diplomatic resolution to the conflict, it turns out her political advice was sound. (She’s also a great person.) In the next few months, there's going to be a lot of gaslighting. Expect to hear any number of establishment politicians say the solution to our woes is amnesty. I'm open to the idea that we should change enforcement—by focusing more on businesses that hire illegal labor, for instance. But anyone pushing amnesty is lying to you. The reason we lost is the war. The president himself said so last night. If you'd like to argue it was worth it, that losing the Senate for the next 6 years was worth it, then do so. Argue it was a worthwhile cost to pay. Agree or disagree, that's at least honest. But everyone knows why we lost. And any honest conversation about where we go from here must start there. I remain hopeful about our country. To the people who are pissed off and want to say, “I told you so”: you’re right, you did tell us so. Take that energy into electing Republicans who share your worldview. To the people who are just pissed at the results, you should be. Let’s take that anger and get back to the work of saving our country.