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| Called Penford this morning at the open and they said they weren't buying corn past March. But its a good genral rule of thumb nowdays if the price of corn is higher then what the ethonal plants will pay its time to sell! We need another "perfect strom" to keep this bull feed, the next key will be if South america stays dry. SA weather could be the difference between $8 beans and $13 come Dec.
DJM you still made a damn good call considering how long ago you called it! But after all you did say back in Dec. corn would make a $5 corn print in 010 :) | |
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