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New Mexico | as the market rewards you each week ( ie steady to higher NET cash price ).
It's doubtfull the corn will avg the 163, especially if one or two big rain deals happen ( in any of the I States ) in July.
2008 type wet moves more to a 93 type wet scenario in the afore.
Keep in mind the NE, E and SE is pretty well burned up.
Seems like weekly crop ratings will steadily drop now.
The reason grain prices will not go thru the roof so to speak is simply because ALL the other econ sectors appear to be in a severe negative correction at this time.
Seasonal cash high for corn lot's of times is say Mid July ( after pollination thus new crop made etc ).
Should be a slow but steady uptick in Net cash corn prices for the next year. Say 1 1/2 cents per week avg.
Grain happens to be thee only decent market scenario on the planet at this time. Might not go up alot ( compared to comparisions some may make from the past ), but steady to higher IS still generally higher.
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