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| most often, patience is a prized virtue.
that said, here we sit with what could be the 2nd largest corn crop in history, and corn prices are historically high, yes?....factor in the present fundamental picture and it looks rosy, eh? so the question is....why?
with the distant voices at this time saying corn acres fall next year between 7-10million worth, could this be major underlying support? record export sales, ethanol usage...etc
world wheat supplies are record low and record wheat prices just made, wheat for feed is being replaced with corn & other's at this time.
if anyone can make a reality based bear case for next year corn prices? i'm all ears! vi | |
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