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Corn bottom nearing...
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Posted 9/24/2014 10:20 (#4091218 - in reply to #4091140)
Subject: RE: The likelyhood of corn and beans bottoming


Tara Farms - 9/24/2014 08:23

after setting new lows just as the first 5% of harvest happens, much before the harvest hits the 50% level is very low - not saying it can not happen just saying not likely

If you held my feet to the fire would look for about 10% lower from here on both corn and beans

question is does anybody want that 10% keep in mind 10% equals about $60 dollars per acre corn and $50 Per acre in beans


May happen? 2009 we bottomed in Sep. We can't stay at $2.85-$3.10 forever. No gain at selling at $3.25 to me. Those that haven't sold might as well wait.
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