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SC Iowa | The various end user's (feed, ethanol, processing) ability to handle ever higher price levels is not unlimited..
depending on their ability to pass along higher costs, the ones who are least able to do so chew into and through the equity they have invested in their businesses......ultimately leaving them more vulnerable when the next round of higher costs hit their operation.....
I am not saying there could not be a run to $10+ corn.....just that the consequences of that event will be much more severe than anything we've witnessed so far.....
Ray J | |
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2013 weather and the corn market?
