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It’s not all supply and demand.
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banders
Posted 8/14/2024 11:53 (#10850796 - in reply to #10850745)
Subject: RE: It’s not all supply and demand.


Environmentalist for years have been saying that climate changes was going to destroy food production, but appear to be wrong. Yields continue to increase. 218 bushels per acre of soybeans this years winner. Also they are talking of the world population dropping. The talk is that we need to make the Co2 pipeline in order to be able to sell ethanol for airplanes and they say that we will need it in the future to maintain a good market. So until the talk attitude changes or a major drought, things effecting prices will not change much.
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