Posted 4/4/2020 09:00 (#8163223 - in reply to #8162756) Subject: RE: Ironic place we are price wise on the 120 year cash corn chart
Central Missouri
The only line that it has to hit on that chart is the 2.35 line. Being it is cash corn that means futures of 2.60 or so which fits into Rulon’s 12.5% of range. What it doesn’t say is when, but cash corn has hit that line 13 times since 1929 which makes it pretty much a given.
Ironic place we are price wise on the 120 year cash corn chart
