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| smash through and close above $85 today or this week yet. Oil will move higher after this if it holds. Better hope grain commodities hold up, because input prices will have certainly continue to sustain recent moves up and maybe move higher yet.......
I posted this yesterday. Is anyone looking at cotton, wheat, corn and soya acre battle.......and what things look like in 2011 and beyond.
Also, didn't realize IL corn yield was projected to drop into the 140's, holy cow (yes I know it is a guess). If national average goes to 150ish, wont we in theory run out of corn if the had not found that 300M a couple months back. Might be hoping they did if it keeps sliding like this...... | |
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Oil could
