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5 reasons corn won't go to 3.50
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kwk
Posted 2/17/2024 12:26 (#10627416 - in reply to #10627398)
Subject: RE: 5 reasons corn won't go to 3.50



Yes, but surely this time is different!!!! :) Kinda think we get a little drunk on the good years and suffer withdrawal on the normal years. Listened to Allan Williams with ADM out of KC the other day. Major bearish, he even called BS on election year rally. Not saying there's big election year rally, but history would tell us we should at least get a dead cat bounce from Feb through July.

So.... Allan preached knowing COP and taking a cookie when the plate comes around. I'm currently at 4.25 COP. Have 20% CZ 24 under contract. Half at 5.25, half in ASP. I think we're currently 4.67 new crop bid. By all the doom and gloom here I'd better take another cookie.
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