Posted 10/14/2020 07:26 (#8545304 - in reply to #8544752) Subject: RE: Broad based commodity bias
Thanks for the research..
If u go back and piggy back c/o with those prices you will see projection is much lower sub 1900 than what we are at now and piggy back with the wx issues at the time..
We can go back to 2008-2010 and what led that? Oil
So going forward the “hope” corn has to decrease c/o is ethanol coming back on line... (still 100 to high) and so it goes back to my original line.. oil is the canary. Shows we are consuming getting back to normal and so far we have not.