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| I think I'll have some 200bpa corn in ECIL. Markets tend to be perception based. It's even the perception of the facts. ie. is 12.2B too much or too little? As I've said earlier I'll be glad to sell my unsold bushels for $6+ if the we're running out crowd wins. I just think it's a pretty steep up hill battle.
I wish the folks saying lower prices always stimulate demand would consider the condition of this 'demand'. End users have been losing money for a long time and creditors do expect to get paid back at some point. There is no large consumer demand hole to fill and even at lower prices there isn't a lot of new consumers waiting to step up (more like waiting in the food stamp line). I could be very wrong, but we are set up for lower corn prices (at least not $7) and lack luster demand. It's not like it hasn't happened over and over before.
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