It sounds like a lot of the posts in this thread are still expecting prices to be "logical" and reflect supply/demand, weather, floods, late, etc. etc.

When we get everyone and his kid brother talking about "commodities" I think we are out of a logical market.

I for one have been hearing at meetings from one expert after another recently that producers should take some of these prices rather than let the specs make all the money.

When corn futures are talked about on investment shows in the same sentence with Brent crude, gold, silver and copper futures I think we should expect that there are factors other than corn supply/demand and the weather involved. jmho.

In particular, a marketing presentation by a University of Wisconsin Ag Econ professor Randy Fortenbery at the WI Corn and Soy expo rings in my ears...

Jim at Dawn