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All but over?
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farnerbob
Posted 6/24/2007 15:42 (#166242)
Subject: All but over?


Is the corn market all but over?

It looks like IL & IN got the rains it needed to survive a few more weeks.
We will see the USDA give a 91 million acres planted report next week.
"Expected demand" is fading fast -exports and fewer ethanol plnats-

Will there be corn in every mainstreet in the midwest until spring of '08
Did over anxious tenants over bid for lnad and not protect themselves
Were landlords on the ball this time and get "top dollar" for a 3-4 lease

My personal opinion is there will be over 91 million acres and final production of almost 13.95 billion bushels and a fall CBOT price of $3.05

Alot to think about during the dog days of summer, which feels like it came early this year!!!

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