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market prices - are they priced right?
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PeteMN
Posted 5/30/2007 10:44 (#156166 - in reply to #156090)
Subject: RE: market prices - are they priced right?


E.Central MN
Wow, you guys must have been doing quite well last year with corn below $2. Makes me wonder why nobody ever thought about pricing their needs when corn was that cheap or did they think corn would be cheap forever? There certainly were a lot of corn growers that forward contracted corn for @$2.10 -2.30. If you had contracted 6-8 months worth of corn you never would have seen $4., more like $3.40. and dropping. I never complained when milk went above $20 last year. Everybody's costs have gone up.
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