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Thought on all this crap
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w1891
Posted 4/1/2020 18:47 (#8156862 - in reply to #8156773)
Subject: RE: Thought on all this crap


S Illinois
The other side of that coin was in 07-12 there was a built in 500+ million bu corn usage increase each year with ethanol. Soybeans usage also saw significant y-o-y increases due to Chinese soybean demand. Not to mention an overall feeling of inflation that permeated what felt like the whole economy.

This feels more like a deflationary environment and those are a little more difficult to shake and don’t lead to a quick surge back up.
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