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| Two years of corn usage over 13 bln! In 2005 it was 11.2 bln usage, 9.7 bln in 2000, 8.5 bln in 1995, 7.7 bln in 1990. You get the picture....
It takes a record crop every year just to feed the demand giant. End users are still buying corn right now despite the price. Rationing has not started.
Does that warrant $5.00+ corn? $7.00 corn?? 10 years ago we could decipher within 30 cents- what price it would take to ration demand. Not today!
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The Irrational Bubble market of 2010.
