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How much does China have to buy...
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harristonloam
Posted 7/30/2020 18:12 (#8405532 - in reply to #8405385)
Subject: RE: You are forgetting stocks


Alberta Canada
Just remember, there will be about 3 billion bushels of corn carried over to the following year.

If you were a buyer would you buy that corn for 12 billion dollars, knowing that you didn't need it and there was no chance of being short of supply.

However if you could buy it for a really good price (say 2.50-3.00)
Then, okay start buying.

The cure for high prices, was high prices.
The cure for low prices, is low prices.

You are correct, low prices are building demand, but it takes time to force the price higher.
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