Posted 4/19/2018 15:15 (#6719727 - in reply to #6719563) Subject: RE: Heard that the Saudis want $69/ barrel. Why?
Central IA
Good profit, demand stays strong. Too much higher $ and more production comes on line and competes for their share. And can/will hurt demand. Like $7 corn, sound good. But will hurt demand and growers will come out of the wood work.