Posted 4/10/2019 06:08 (#7430455 - in reply to #7430443) Subject: RE: Late springs and blizzards
South Central Iowa
Nah, south central Iowa is about to roll. Be prepared to be overwhelmed by our massive production capabilities! No one grows 147.3 bushel corn with as much struggle as my home!
Probably should be one, but after 5 years, why should anyone buy into the market? There has been no true reward for doing so. The large fund buyers are not impressed with $3.81 to $4.09 over 3 months; most don’t make much money on that, and some lose. They haven’t been rewarded in recent times by it going up 50%+. They have learned not to doubt and will only show up again when there is real serious drought or some major demand driver that will most likely be driven by policy change.