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Red River Valley | Doubt that curtailing of exports would happen the only grain we will be remotly short of is corn and since we burn 1/3 of it a ethanol my guess is that ethanol would be on the chopping block - btw seems it maybe losing it luster in the eyes of the politacal world. My guess is the blenders credit will not get renewed. that will end discerenary blending taking away about 500 mb of use leaving ending stocks at something around 1.5 billion.
we might see a new vigor for position limits though.
Just a thought the thing that started this rally might well be the thing that ends it. | |
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