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SC Ont. | How come we will be looking at $2.50 corn if the front month doesn't get to $4.35.
Wouldn't mid $4's now be more likely to bring us $3-5 corn in the future and let's say $5-7 corn would bring the lower corn prices in the future.
I'm thinking higher prices would encourage more production/supply that would lead to lower prices latter.
Wouldn't prices available in 2012-13 brought the potential for more production in 2013-14 and the reason the price have come down ? | |
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$3 corn
