Posted 9/11/2014 15:02 (#4068896 - in reply to #4068739) Subject: RE: Ok so at what price do you guys see a bottom?
Columbia Basin, Ephrata, WA
Clay SEIA - 9/11/2014 11:19
The 1986-87 futures low of $1.42 equals about $3.09 today. At 65% ending stocks/use ratio, vs. approximately 15% forecasted today. Just how burdensome is this?
It's "just in time" supply management, just like manufacturing has been moving to for 20 years. It works great, right up until there's a supply problem.
Ok so at what price do you guys see a bottom?
