Yipper I get it.. We have more production risk.. 180 bu dryland yields in 09.. 5 in 2011.. than price risk.. so it's more of a big deal for us than ya'll.

Still it is interesting.. we're still in El Nino.. and it's only February.. as my post below shows.. it was dry this time last year and we still had a wet spring.. so.. who knows?

I'm just linking people who know more about this than "moi" a devestating drought at this time would be bad on a lot of fronts.. still I expect.. "hotter and dryer" than last year here.. 

Like my guru's say.. "Let's get into August.. then we'll see who is correct." 

I posted a year ago that my 2015 price target for corn was $4.50.. and I got filled so not as bullish all the time as you'd note..  I believe this year could see a lot of both upside as well as downside..  sub $3.00 corn..???  over $5..?? probably possible too..

"I could be wrong."

"sure is tough being a bull in a bear market.."