Posted 9/15/2010 11:49 (#1360509 - in reply to #1360466) Subject: RE: The Users should have learned from 2007
The writing was on the wall. If you're a user of corn you should have your needs bought ahead of time. Unlike 2007 everyone waited because there was no way corn could ever go to $7+ per Bu. Now if the users did their job of securing/locking their needs in at $3/$4 per Bu. the demand will be their no matter what the price. Too simple! I know! What will be rationed? Maybe exports?
The Irrational Bubble market of 2010.
