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SESD Sious Falls | There was no demand created since 2007 by ethanol grinding up to 5 billion bushels? And I'm confused, did you expect demand to expand at 7 to 8 dollar corn during 2012?
Take a look at the long term corn useage charts and soybeans as well. We have been in a steady uptrend for a long time with 2012 being one of the few blips.
I'm not saying its gumdrops and lollipops in ag right now, but its a little early to get too depressed. Speculators always drive prices too high or too low. We had the former and now we will see the latter. And I think the lower we go the more we will rally. If you have revenue crop insurance, a low in October would probably be just fine. | |
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Most really beleive?
