jpartner - 9/5/2017 07:26
Honkytonkman - 9/4/2017 23:36 Less than 5% chance of 5 dollar corn by January. Come on guys this is silly.
The timing might be off a bit as predicting price on a date months in advance is a tough gig...doable but tough. The prices levels talked about darn sure aren't silly. Predicting the event is futile, but understanding the energy that is available is what it's all about. The odds of such happening increased by more than 5% because everybody gave up on it happening. The market generally proves the masses wrong.
As Farm Journal economist John Martin used to say "If you give a date don't give a price and if you give a price don't give a date because by golly someone will remember it and beat you over the head with it". LOL
update on corn soy charts...
