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| No time to go thru details on corn, I posted the soybean deal earlier this am.
In a total demand sense for the first quarter, corn usage increased 6.7% from prev. year at 42.8 m. bushels/calendar day.
Hurdles are now feed usage, increased ethanol usage is baked in the current price I believe & the question now is what sense of urgency will be reflected by the Importers? Their eyes will be focused upon the on-farm stocks & the current logistics situation.
Will post corn details this afternoon. Today we trade emotion.......tomorrow we begin the real world.
Depends too, on how many shoe clerks are long based upon 'corn in fields' and other factors. Shoe clerks include funds.
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