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Which end user could afford to pay more?
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jocoshar23
Posted 6/6/2017 11:39 (#6057271)
Subject: Which end user could afford to pay more?


SE IA
IF......the DOME of DOOM would set in......AND corn was to rally an extra 50 cents and beans a dollar.....which end user has some margin money as it currently stands?

Is ethanol profitable right now? Can the E plants buy higher priced corn and sell their E for break even or a little margin?

I think cattle guys may have a little wiggle room currently (some took a huge beating the past 2 years) as it stands.....

HOGS may have a little wiggle room this summer, doesn't look too grand going into fall....

How about exports? I thought I heard this weekend that our corn is currently over priced based on our currency?

Soybean crushers? Any money in producing SBM?

I think markets may only move to point where these other industries are comfortable....

Thoughts?
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