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New low in corn (spikes)
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jdironman
Posted 8/26/2024 07:46 (#10866585 - in reply to #10866555)
Subject: RE: New low in corn (spikes)


Nw Iowa
Agree coup.
Government reports are very questionable ( jobs report correction last week kind of put holes in past ones) but we have to realize markets generally over react on both sides. Best cure for cheap prices is cheap prices. The market will trim highest cost producers out like it does in every other industry. We also have to realize we have went thru a very abnormal time with good profits( for most) and government payments when they weren’t really needed here, ( I realize some have seen some very big weather events that were not kind) I also think farmers are going to be getting less and less gov money as our fed debt is going to be more and more of a problem.
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