Posted 3/25/2007 14:23 (#125343 - in reply to #125326) Subject: Re: '08, '09, '10 corn markets
Brazilton KS
I don't necessarily disagree with you. I don't have an opinion which way this thing is going to reach equilibrium, but I'm sure it will. However I do think your last two statements are contradictory. If the "big players" have made aggressive bids to lock up land and purchased machinery, they will be in a very favorable postition under inflationary conditions. The "corn's gonna be $2" scenerio is what would hurt them....high corn prices and inflationary pressure on rent and machinery costs would be in their favor if they have already spent those dollars.
'08, '09, '10 corn markets
