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Lena Ill | http://www.pecad.fas.usda.gov/wap.cfm#
Take a look at this link it shows corn production up in all but one world production area. Any one who thinks we live in a vacume and will have the world beet a path to your door for $5.00 corn had better think twice. South Africa will plant (or has planted) 30% more acres for there 06/07 crop year, that is just one example. I won't say corn can't go higher, but we should at least get a floor in on 07 & 08 crops while we can get well over $3.00 cash for two years. This market looks like a classic spike to me I think it will all be over be for most of us realise what has happened.
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world corn production
