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Starbuck Manitoba Canada | 2014 and now are in a very similar pattern, so if the corn market is going to turn higher and close the gap at $5.37, it has to start this month or next. Just like back then, prices were coming off record highs and many were still disputing the size of the previous two crops of 12,13 and many got caught hoping for a return to strong prices. We got a dollar or so rally into the spring, then the price tanked and made new lows. Prices wallowed in the $3.00-$4.50 area for 5 years. As I have been saying for a while, if we get the $1.50 or any where near it then sell hard! | |
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2014 market
