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New crop corn sale 2008
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msb
Posted 11/15/2007 23:00 (#239072 - in reply to #238922)
Subject: RE: New crop corn sale 2008


Lapel, In
What would you call him if if corn goes to $5.50. Greedy,lucky or intelligent. lol,bob
I don't think $5 is out of the question considering what the USDA has done with numbers lately. Input costs favor soybeans too, especially on COC acres.World demand seems to be growing by leaps and bounds.A cheaper dollar or Hyper inflation could easily bring on $5 +corn.Plus any weather problem could be a factor. Lots to consider, lots to consider, but I don't think a drop to loan price is one of them.
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