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| All ifs but. If it does not flood, if we get all acres planted, if we have a nice pleasant growing season. If all three of these ifs happen corn will be sub 4 bucks. Put in an order for sept puts this morning at 4.5 and forward contracting the rest. I'm a pretty big Ag bull, but we may shoot ourselves in the foot short term. That would give beans a pretty nice play. Myself and two buddies planting another 750 ac corn each. Money is too good for 2012. | |
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I'm not completely bearish new corn but...
