| JC STONE - 12/23/2025 09:17
555 made a couple points down below thats got me thinking
The 2024 low in corn is huge. Due to inflation maybe price doesn't take it out for the foreseeable future. JP maybe price won't decline as dire as you expect
Demand or inflation aren't going away any time soon. We could test that low , however I doubt we break it.
Thinking about it some more, does inflation only count on select commodities? Rice and oats have both recently accomplished reaching their failed swings and based on the comments here, I don't think the growers are immune to inflation that grow them. They are still buying the same combine, buying the same parts at the part counter, and putting in the same diesel fuel as the guys growing cotton wheat corn and beans? So why should they suffer pain and the major growing crop growers not? Is there an unwritten law of inflation that says they don't?
The answer is that there is no such thing. If price is going to fail on these type of formations, there would already be clues in price saying such. So either I am blinded by bias ( it happens) and am missing it, or it's not there. Therefore we must expect the historical probabilities will win out.
Take care
Edited by NEIAAG 12/23/2025 18:41
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