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| Tomorrows WASDE report will be interesting along those lines. We can only ration ethanol so far before we create a rocket ship in beans. There is no free lunch. Small increase in SA corn won't even begin to make up for our lost bushels. It's not like they all of a sudden started raising corn. Increase was only about 200 million bushels over last year, I believe. I think it's premature to predict any kind of rationing before we have some idea as to crop yield. Crop insurance adjusters are just getting fired up here. Guys getting ready to chop, some getting ready to disc. Real bear market might be in SRW for next year. | |
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CIS and Price Perceptions...on corn
