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SW Iowa | Beautiful charts Bing. I can tell you have spent hours studying them extrapolating future price points based on dips and rises. I would suggest, though, you give a thought to reality. Read the 50 some posts below stating their corn conditions in their area. WHERE IS THE NEW DEMAND for all this dam corn growing profusely out there going to come from to push prices up to levels your charts show? Do you think there will be a sudden demand for Ethanol? Perhaps cattle feeders suddenly double their rations? Perhaps BP will buy a significant slice of this year's corn crop to dump in the gulf to soak up all the oil? I just can't agree with your chart projections at all. But they are colorful. | |
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