North Central Ohio, across the Corn belt ! | From Your Friend Gartmen ! ! Senior
The chart we’ve included here this morning of corn
prices in weekly terms over the past several years
suggests to us that the corn bull market has only just
begun. If we can buy “red” Dec’11 corn anywhere near
$4.33-4.35/bushel this week we shall do so. We can
imagine “red” Dec corn trading $6.00-$6.50/bushel
rather easily… especially if Chinese economic activity
picks up even slightly and Chinese per capita incomes
continue to rise as they have been over the past
several years, taking Chinese demand for feed grains
along with them: |
WONDERING
