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Speak now or forever hold your peace
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IN555
Posted 5/31/2020 12:21 (#8290953 - in reply to #8290799)
Subject: RE: Speak now or forever hold your peace


NW Indiana
Personally I think what many aren’t seeing is the length of time price could remain that low. I would say most are in the camp it would only be a spike down and then recover closer to current values. I’m under the belief we could see a 2021 spring insurance price in the 3.25 range. This response also explains to Deere why I think 2.62 is low enough on that kind of carry out, duration of price has more impact on supply and demand than a spike.
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