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| I`ll bet I can! I won`t say his name on here of course but he lived on ( I should say 300 feet off of highway 9, as picky as some on here get :-) ) few miles east of Buffalo Center He was rich and he stored, anyone in that area will back me up. The other guy was my neighbor who would every other year or so in late summer be hauling corn, he would stop in and I`d ask if he was selling corn and he`d say "Nope, I rented some bins and I`m cleaning out the corn on home place for fall, could your sows use the out of condition corn?" ... probably 900 acre farmers.
2. I`m not saying they always had 3 years of corn on hand, just that it wasn`t uncommon for them to hold more than one year of corn when the price wasn`t good.
I think you look at a chart and it so far always comes back, if you are patient. There was a few years in the late 90`s LDP days when it would be $1.30 at harvest but any time it rallied above $2 you`d better be ready to pull the trigger.... good times. but probably not as bad as seemed with inputs being much cheaper and stable. | |
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You only lose money iif you sell
