East Central South Dakota | do you or any other people a heck of a lot smarter than me know what the biggest soybean/corn ratio was in history---one that traded for a couple of months. Seems like 3 would be right up there on the historical range. Been thinking about this all day. Thanks in advance.
Also, lot of end users scrambling to get coverage on percent of their needs on corn as they still see the value at these prices and maybe a bottom. What happens if China with their severe drought steps in with some "panic buys" to get some needs covered. This China thing is banging against the rocks in my head giving me a uneasy feeling. Some China purchases could push us to 5.50-6.00 in December---6.03 contract high i believe in Dec. corn---what do you think???? thanks again
EDIT this China thing if plays out would/could be bigger than current weather-----MAYBE
Edited by white shadow 8/25/2013 22:05
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Weather rally or not....
