| tex - 6/3/2026 21:14
This defies all logic with distant months fertilizer price quotes and fuel, equipment prices, unless corn is the new bellweather frontrunner catalyst of what is to come with financial markets. What happens when fear finally taps the stock markets current bubble along with financial markets like in 2008,1929? We could be in for an extended stay duration of distressed grain markets with no government bailout money because the whole system implodes.
Funny how d fertilizer fuel, and equipment prices are supposed to 'defy all logic ' but planting corn fencerow-to-fencerow on the same acres year after year, chasing record production after record production, is apparently the height of sound economic reasoning. In any other industry, continually increasing output into a saturated market would be called overproduction. In agriculture, it's called a yield contest.
Can someone please explain to me how the price of machinery or oil is supposed to bring up the price of corn when the world supply is an absolute glut? Like can someone give me an economic explanation? |
July corn testing new downside territory at $4.27
