Posted 5/31/2024 16:27 (#10758334 - in reply to #10758191) Subject: RE: Inflation and recession.
cropsey, il 61731
I wouldn't assume we will not have corn price that starts with a 2. A big reason we are $3 and higher is a politically influenced source of demand (ethanol). Suggesting we are guaranteed a certain price is usually proven wrong. It's part of the business. Just because we have not crashed prices in a while doesn't mean in won't happen in 2 weeks.