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| Regardless of what aid comes and how it comes. Corn is going to keep climbing at a faster rate every day it keeps raining until forecast changes. Been awhile since we've had a limit up day in corn. Might want to change your way of thinking when we're at the lowest level planted in decades as of yesterday. June 1st is coming fast and so far no planting conditions in sight for majority. Funds don't want to jump ship yet but they are going to have to and when they do look out. I think this market is going to explode. There are so many regular fundamental factors (other than ethanol) that were working in corns favor before the weather crippled this planting season. Everything working in this corn market is screaming higher prices. $4.10 is nothing right now. | |
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