Before the Ethanol boom.. a good Corn price was something north of like $2.30 and if you got over $6 for Soybeans.. that was "respectable."

Remember in 2005 when Katrina socked NOLA and something like 50 million bushels went back NORTH up the Mississippi to St Louie to be blended off?

Corn futures traded to like $1.75 that winter/next spring..

well.. 

(not to be political.. but..) and I almost think it's set in stone anyway.. even if the trade war ended tomorrow.. Without a big Production Reset.. drought.. flood.. martian invasion.. Madonna makes a return and disco music comes back.. whatever..

This whole thing appears to be imploding..  Tonight.. Cargill is bidding $6.76 for Soybeans in NW Kansas.

If Trump would settle with Xi in a few weeks.. South American Values would collapse.. as maybe ours would rise.. (meet in the middle..??)

So given that.. when do input prices.. $200 Seed Corn to $125.. $50 Soybeans to $15.. Fertilizer.. Chemicals et all reset?

We would normally lock prices in now...

Should we this fall?

Personally I think it's gonna be hard to take the politics out of the Markets.. as right now the Markets ARE ALL about Politics..

just my humble opinion.

flame away..