|
NW Indiana | Well we definitely agree w1891 and his team have missed demand by a mile. However this goes back 2 years coming of the covid inflation play. I said it back then the floor was much higher despite what any chartist said. What it comes down to these prices the last couple years is bottom feeding so demand is strong based on cheap. But again this is not some demand based rally that calls for higher prices that won’t slow it down like the ethanol boom. A demand based rally typically creates a new plateau and I don’t think that is the case. Covid created the current levels and without supply issues we likely see these prices for awhile | |
|
Rally with the stamina of demand.........
