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onida, south dakota | $8-10 beans are a possiblitiy as is $4.00 corn...........but no more realistic then $20 beans and $10.00 corn..............
plus on the downside markets have a couple things going for them that should keep bleeding at miniumal ..................first producer situation............if we did see $4.00 corn would any have to sell it????
2nd............starting spot is extremely tight..................can't exactly afford another small crop in the world
3rd...........world.............the world is growing............demand is growing and will grow as more countried move up in the way of living
in my opinion the biggest negative threat shouldn't be the supply and demand fundamentals...........but money flow and world economies...........that is our real risk a global economic meltdown that leads to risk off and deflation | |
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