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6.50 are you out of your damned mind????
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deereman
Posted 1/25/2008 13:56 (#292895 - in reply to #292886)
Subject: Re: 6.50 are you out of your damned mind????


NE SD
AT
I have to somewhat agree. I know you get hashed here alot but I do like to see your postings to shed a different light on things.
I will agree 6.50 corn is totally out of control. Every livestock guy will be shut down if he hasn't hedged ahead and also ethanol. We are just too high now imo to go a whole lot more without severely cutting demand. At 3 dollare corn there is plenty of upside but at 5 dollar corn that is a whole different area.

As always I really do not know what I am talking about but just my opinion of this crazy market.
Jerry
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