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Record DEMAND = Record PRICES ??
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getitdone1
Posted 3/28/2007 17:15 (#127142)
Subject: Record DEMAND = Record PRICES ??


If record demand for corn and beans should lead to record prices--what's the worry?

Stated differently: Unprecedented demand = unprecedented (high) prices.

Will we see new all-time-highs for both corn and beans? I think so.

Yes, there are lots of variables determining what the market prices will do. But, seems to me the easiest way to look at the grain farmer's future is there will be great DEMAND for corn and beans for the next several years.

I see no sign of corn or beans "making a top." Bean oil is going up strong. Price dips are normal and even healthy in a bull market.

Don

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