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$7.00 Corn
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humblefarmer
Posted 5/5/2021 21:08 (#8989370 - in reply to #8989275)
Subject: RE: $7.00 Corn


indiana
I suppose I am odd man out (like usual ) but there will be a limit and it could be like a cliff. I would think demand is being limited at $7.00-$8.00 cash corn. The key is to have a parachute when all fall off the cliff. Was it 1988 when we had a July 4th rain and the rally stopped? Sure was a lot of the growing season left but we didn't test any of the highs. If we really do get to zero inventory on say soybeans is the sky the limit when there is nothing to buy ?
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