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80s vs now
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cornbore
Posted 9/10/2015 10:46 (#4781278 - in reply to #4781094)
Subject: RE: 80s vs now


We had support prices, set asides, higher loan prices, and grain reserves then. You cannot compare today with then. We are in a system built to dumb all the grain on the open market. We had a built in market cap and market floor then. It takes less carryout today to get the same reaction.
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