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Managed Funds Market Havoc Article
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Cowboycorn
Posted 2/22/2008 15:20 (#316778 - in reply to #316761)
Subject: Re: Managed Funds Market Havoc Article


north central Oklahoma
Better hope ya get your car wash application in before Senior Citizen does.

I learned never to say never, but if input costs get that out of hand, there will be more than just us in deep kimshee. No-tillers should be able to weather higher fuel costs more so than tillers. Higher glyphos prices will make other chem programs attractive and keep them competitive. Fertilizer still the cheapest dollar spent per dollar returned. Without it we raise little to nothing regardless of what chem program you have. We are not in the high yield corn area, here in Oklahoma anyway, as some on this board are, and "N" would have to double what it is now before it would make a $50/acre cost difference. Barring a total trainwreck of the crop (come to think of it, that is what '06 and '07 were here, drought in '06 and freeze loss in '07) we can still pencil out a small net even at $3 corn. I am not looking forward to $3, but like I said above, never say never.
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