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SE IL | Do we have new demand, or just a temporary rebuilding of stock piles for some? Is there really a shortage or is it percieved? Like the perception last summer that we were swimming in corn and $3 maybe was still too much. Now we have a little over a 1BB carry but demand for $7 corn I assure you is less than it was for $3 corn. $3 may have not been justified but now $7 is? Markets always overreact. Many participants in the market dont care if the market is going up or down they can make money as long as its moving. | |
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Corn
