Posted 8/2/2010 21:43 (#1298406 - in reply to #1298235) Subject: Re: DJM nice call on this Monday
I'm not sure the market can fundamentaly support prices above these levels for any sutained lenght of time. 1/3 of our corn demand is now ethanol and with the price of that right now anything much over $4 will kill em. I'm hoping the market actually backs off from here. If it continues to rally inputs will just follow along. And it will be bad for the long term.