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Odds December corn hits $5
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ks_cover_crop
Posted 3/30/2024 10:48 (#10686541 - in reply to #10686506)
Subject: RE: Odds December corn hits $5


IALTO - 3/30/2024 10:30

I understand your point but overall carryout could be biggest since the 80s. We had smaller carryouts the last time we were close to $3.


You can't compare current carryout to 80's carryout. You need to compare stocks to use ratio. That would be like saying guys were better off in the 80's because they only had a total farm debt of 1 million dollars vs a farmer today having a 1.5 million dollar debt.
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