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| I rent some land from an ex-ag econ professor. Throughout the years as he raised the cash rent, he always has said something like "something always happens to change things, it's an eb and flow". Well this is a mighty big 'eb' that we are in now. There is probably some factor out there that will change the grain complex into 'flow' mode. If we truly have a market tri-fecta, (strong exports, feed demand, and ethanol demand), fundamentally it should be a strong market. My only question is when the funds will take their money off the table. | |
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