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Lost in the acre hoopla...
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Palmtopper
Posted 7/11/2019 08:03 (#7608381 - in reply to #7608372)
Subject: RE: Lost in the acre hoopla...


SE Iowa
Depends on price...you can see what we have done on the exports with corn @4.30-.50 and ethanol is not helping... If oil prices go to 40 that's not going to be good for ethanol margins with high price corn.

Dont misconstrue my opinion for not wanting higher prices cause I do..I think we get there but it is going to take some time to work through 18 crop and the longer it takes will be better for the market to sustain than just a flash in the pan like our last run to 4.73

Edited by Palmtopper 7/11/2019 08:09
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