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lizton IN | There will be some fighting for acres on corn and soybeans. What should be friendly to corn. A wet spring would be friendly corn. We have a lot of corn sitting around so that will keep a lid on things. If we get a big crop out of Argentina would put a bigger lid on price. If South America has a big soybean crop and the bean price drops. Corn price will not have to go as high to get acres. Then there is always politics if we get in a trade war Ag could, would take a big hit. Wile I don't think it would be a hit that lasts years (like the grain embargo) it could last all summer. I would also think if corn gets around $4.00 there would be a lot of people selling some.
Keith | |
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