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West Central, MO | Listened to the $MOS conference call yesterday. They were pretty bullish on the fundamentals for higher prices taking over at some point soon & mentioned that we would need 94-95 million acres next year to meet the shortfall on ending stocks that we're going to face? One analyst asked how that was going to happen when so many farmers were having poor success with CoC and were contemplating switching back to a normal rotation, and of course their answer was the market would "buy up those acres". We'll see. | |
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If I were a betting man...
