Posted 9/23/2014 21:40 (#4090404 - in reply to #4090364) Subject: RE: ADM....time to look for an exit?
zmracing - 9/23/2014 20:30
I think all you have to do is buy a million bu. on the CBOT and after it goes up $1.00 sell them and get out. That is an easy way to make a million dollars. The only problem is you don't always know when the corn price is going to raise by $1.00.
I can guarantee CZ15 won't be $3.70 between now and spring. Lots of money to be maid on that contract. Don't care what big mouth out there says we don't need corn we still need 90 million acres at trend yields to keep pace. $3.70 doesn't get close to that. Same mouth saying beans just have to go down doesn't realize I would still rather plant beans with high input costs and $3.70 corn. Remember fool me twice!
ADM....time to look for an exit?
