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5 reasons corn won't go to 3.50
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davy crockett
Posted 2/17/2024 12:07 (#10627398 - in reply to #10627035)
Subject: RE: 5 reasons corn won't go to 3.50


doesnt it come down to the unpopular answer of `market cant rally much while its still in farmers hands`? im just parroting what the smart ones say about there having to be a weather issue, which affects supply (limited rally) and expectations should be low and sold. 2.5 bil bu carryover projected which puts the kibosh on $5 corn hopes.

way is sounds, china is in trouble and couldnt help us even if they wanted. roughly we get 3 good years and 7 lousy years (8 lousy years if youre still holding last years corn) we saw it coming, but like always, its like a thief in the night when it does come. just have to figure out how to survive the next few years and be comfortable with ramen noodles.
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