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| 4.50 new crop could be a very low price in the future. If we raise anything less than an above trend crop....things will get very tight. The escalating trend line is becoming hard to reach/overcome recently. That has been proven the last 2 years. Any weather event this summer and 4.50 is dirt cheap. Or they can wait around and bellyache when its higher. Just get tired of hearing the demand destruction stories when there was ample time to get protection. | |
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