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$5 corn?
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JDEEREMAN
Posted 8/12/2010 23:09 (#1312992 - in reply to #1312552)
Subject: Re: $5 corn?


Eastern ND
Why should they not have to cover their risk like grain farmers are supposed to? They should be filling up all their feed bins and filling up the ethanol bins and contracting like crazy. It is cheap compared to what the upside is. Downside for corn is $4 down. That would get it to ZERO. Upside is the sky.$10. $15. Who knows. Ask the wheat millers a couple years ago how high a commodity can go. End users, don't kid yourselves. Economy uncertaintity and potential shortages (real or percieved) and who knows what can happen in 6 months.
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