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Illinois | Sure we have some e plants coming back in and we are shipping some corn but if we get back up to a level of decent profitablity, That consumption will decrease.
I bet there's lots of acres across the corn belt that need $3.30 cash for BE. Yep that's to high but it's the reality. $3.50 cash price is only a $.20 per bushel profit. Take $.20x 178.5 national average and you have a net of $35.70. How many corn acres will it take to feed a family of 5? To damn many but that's not the markets fault.
I hate being a bear but I'm struggling with optimism on corn | |
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carryout
