Nebraska aka the boondocks | well people can't have it every way. they can't say 16 billion 15 billion 14 billion and even 13 billion and then maybe 12.5 billion are bearish. I don't buy it and the buyers won't either, they will buy like mad when they sense trouble. "putting off the inevitable?" Who cares if we build stocks... First off I don't want to be on the wrong side of the bull every year until we do, which apparently more and more folks are falling into this category. Secondly, perhaps it is a good idea to have 1.5 -2 billion bushels around in case of a massive crop failure and then we won't have to have these ridiculous food/fuel arguments. Sure farmers will plant a ton of acres next year, we always do. And every year mother nature blows up all our plans.
edit, yes one of these years we will grow 175, and the flip side is true, one of these years will be a total disaster. So I will continue to "wait and see" so I am not on the wrong side of the biggest black swan ever.
Edited by McHusker 8/19/2013 14:18
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First profarmer report
