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Hedgie, why are you not recommending shorting John Deere?
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dixonman
Posted 10/13/2013 07:16 (#3380441 - in reply to #3379109)
Subject: Re: Hedgie, why are you not recommending shorting John Deere?


You miss a lot of history there Hedgie, we had a 3.03 corn target price until the 85 farm bill and then it was 2.75 and they would pay you to store in the 3 year reserve. If you did not to pay lots of the high interest there was a pretty good safety net, now loan price is our safety net, kind of scary.
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