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New Mexico | price of corn high or low as comped to the supposed cattle market relativetey scenario?
Has the afore relativetey been reliable over the past 7 years? the times of ethanol so to speak.
The next driver in confined feed prices (or feed cost index ) is likely wheat now and once again.
USA wheat crop looks alot better than last year's so far.
( more acres too, and more irrigated acres in the sw, ie wheat takes less h20 than corn is perhaps the reason ).
Edited by Markwright 2/27/2012 20:36
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Thee coincidental index:
