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| Ill put little different spin on this.
INFLATION. Things are costing more and everything is going up, Prices from Fert to machinery to cost of living, the dollar does not buy what it used to!!!!!!
Drought, portions of midwest are very dry, winter is excellent time to have drought as long as it starts raining come may/June.
Oil is going higher.
Government Money being handed out and people are investing=I don't feel stock market is to high.
I could be wrong, but if dry weather persists I think commodities could keep going. Remember markets overreact. I would love if we could stay right where we are, but am afraid markets will keep raising till it destroys demand.
I did sell some corn before last report and am happy with that sale.
Sold most of my beans way to early, don't want to do the same with corn so now I am having hard time parting with my corn.
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