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hedgefund farmer sure hit the deal right, at least short
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Illinois Steve
Posted 4/22/2014 21:35 (#3830978 - in reply to #3830809)
Subject: RE: hedgefund farmer sure hit the deal right, at least short


North Central Illinois
Denial isn't just a river in Egypt. The crop was big despite what everyone on here said all summer. Obviously it wasn't huge everywhere. If it was we probably would have been close to 16 billion. Demand has been extremely impressive. Good thing too with the size of crop we had. With low carry in from 2012 and very good demand the past twelve months we are very blessed to be looking at a manageable carryover. If we continue with our pattern of weather woes we will likely see a weather market of some kind this year. I certainly don't think the long term outlook for corn is all that bearish. I think we run the risk of some pressure short term but once we get into summer it could get interesting.
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