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Negative weather premium
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cornstalk
Posted 4/28/2015 08:52 (#4542276 - in reply to #4542139)
Subject: RE: 1234, you mean that farmers...........



Anderson County Kansas
A lot of the same guys complaining are the same ones that said the market couldn't go below cost of production, and acted like it owed us the profits we have been enjoying. Some of us tried to warn them this was coming and got called called every name under the sun. The market never has and never will owe you a profit. The price of commodities will average around the cost of production long term. We are in a world market, so the prices will gravitate towards the world wide cost of production. IMO the market hasn't inflicted near enough pain yet and will go lower than many think possible over the next year or so.
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