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Where do we close the week?
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farmerboy76
Posted 3/29/2020 19:35 (#8150044 - in reply to #8149705)
Subject: RE: Where do we close the week?


Hopefully it goes alot lower before the planters start to roll. The worst thing that could happen is for it to go higher and encourage more acres. This drop from oil going lower, causing ethanol production to slow or stop, will give the USDA the opportunity to be honest on last year's production without causing any big ripples in their cheap food goals. I would like to see corn in the 2s before planting. That should discourage any big acreage numbers and encourage more PP if the opportunity is there to do so.
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