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Buxton ND | Chief comments hits home in 08' the markets were only there for a very short timeframe. In 2008 we basically had 2 months over $6 corn,,right now we're entering your 24 month ABOVE $6........ If we can make money on $6 corn what's the rest of the world gonna do ? And its not just corn,,,we're the only country where corn is the "normal" feed grain......
Pat's comment "all or nothing" the spec monies in our market boggle's my mind at times. 2008 that spec money drove corn to over $7.50....................
Maybe its wise to think what went though your mind 6 months later when it traded UNDER $3... My local cash corn price was $2.22 the first part of December 2008........... Guys were in disbelieve at what had just happened in the markets in 6 months.......... | |
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Simple poll... 2013 grains. Bullish or bearish
