Posted 2/11/2019 12:14 (#7313553 - in reply to #7313509) Subject: RE: Here's a trend line for ya...
dpilot83 - 2/11/2019 10:55
I hope you're right. It seems that 87 isn't very coincidental if the trend line is right though. If the trend line is not right, 87 was just a fluke...
Calendar year avg for corn in 1987 was $1.56 with 119 yield. That would be $3.52 in today dollars. 119 bu per acre would be $418 per acre in income. Pretty sad. 200bu corn gets you $680 at $3.40 basis Dec futures.
Here's a trend line for ya...
