Posted 9/22/2023 06:34 (#10411236 - in reply to #10411148) Subject: RE: Fundamentally speaking only
SE ND
barren - 9/21/2023 14:37
We now have corn in the mid four dollar range when we were selling seven dollar corn not too long ago. That is a 64% decline in price. A comparable decline in $15 beans would mean $9.60 beans. Are $10-11 beans out of the question? I don't think so.
You're spot on, Barren. Your lowest target is where I think price will eventually go before this swing completes. Great observation.