|
| The cash prices in South America are under pressure. It does look like markets want to bounce, but always a coin flip over any short or even longer period of time with US planting approaching. Probably more of a cash flow/profitability/liquidity question with planting approaching and lower margins than a year ago. Can you stomach $4.10 corn in late March? If so, then it does seem like the market could rally if the weather in Argentina and Southern Brazil stays dry.
If you have any specific questions, let me know. | |
|
Keep 2024 corn hedges or not?
