allis7040 - 4/28/2024 08:57
Every day is a day closer to when the farmer pukes his old crop grain. I can't believe there is a chance the farmer is going to be bailed out and get to sell 5 dollar corn. I would also say planting delays for wet weather is bearish so dont pin hopes of rallys on plantung delays. Around here (tama iowa) has picked up really good rains and still no puddles on crop ground. The acre report should have been as bullish as a guy could hope for and what did we get .20 cent rally. So I don't think the market will care if we are off the pace from the past couple of years. And the chart is still holding true
I guess I got bailed out.. lucky us.. lowest grain stocks in years.. and dry. But did get $5.50 last week..
”yea.”
As proof it’s even $5 Corn east of me at the “cheaper” place..
Edited by JonSCKs 4/28/2024 09:25
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At what point does managed money get nervous?
