Posted 9/11/2014 12:38 (#4068649 - in reply to #4068631) Subject: RE: Ok so at what price do you guys see a bottom?
Central IL
You wouldn't multiply the second equation by .85 since it is just total revenue. Cornstalk would need $2.58 as a Fall Price before he received anything on Crop Insurance at a 190 bu yield and it only gets worse if he didn't buy up. My personal guess for a low is $2.83 probably by mid-October.