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mn | Just pondering here, are input prices staying high in hopes of higher grain prices?
Put it this way (keep in mind these are just example numbers)
Say before at $4 corn seed was $175/bag.--- Corn goes to $5 and seed goes to $200/bag. ---- Now corn goes back to $4 but seed stays at $200/bag. -----IF corn goes back to $5 will seed go to $225/ bag? Same with all inputs, ratchet effect??
This is just a theory, is it possible? | |
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Input price ratchet.
