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Simple poll... 2013 grains. Bullish or bearish
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Run_the_wheel
Posted 12/11/2012 21:56 (#2746727 - in reply to #2746344)
Subject: Re: Simple poll... 2013 grains. Bullish or bearish


Central Iowa
I drove to Kansas City over the weekend to see family..... There were many pastures in southern IA and northern MO that had anhydrous applied. I think there will be A LOT of corn planted next year on marginal ground plus more corn on corn in the corn majors like Iowa/Illinois with 2013 corn trading at 6.30ish. This is despite the 2012 drought. What that means if we get no rain next year? - anyone's guess, maybe $10 corn?? I don't know, but I think farmers in the marginal corn growing areas will respond to $6.30ish 2013 corn prices by planting more corn. Just my $0.02.
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