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| Greg, it's real and it isn't there. We have built in demand with the big e and animals. We don't need to ask every foreign despot to take our grain. The math says at the 40 year Trend line yield of 160.5 we are below one billion bu. the trailers where warned they didn't have enough acres this spring unless we have bad weather and they ignored it. We don't need a 2012 yield to rally the market. We just need trend. Some idiots where talking about a 169 yield this year and they are crazy. We will see what Iowa looks like but from pro farmers the variability in corn doesn't give you 184 over all of Iowa. Let alone making up for the blanks in the poor areas. Cheers bud. | |
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