the drops look smaller but they have been just as big... $8.40 corn down to $6.50 is a 22% decrease... $6.50 down to $4.50 is a 30% decrease... $5.20 down to $3.18 is a 38% decrease... and $4.50 corn down to currently $3.46 in less than 3 weeks is 23% decrease which technically isn't done yet...
I've watched stocks that looked like they couldn't fall any farther lose 20% in a week after it looked like it couldn't drop anymore... the pain CAN continue though i hope it doesn't.
id like to price a good chunk of my corn at 4.65 next year... will it happen? my opinion would easily land me behind the woodshed. |