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| We should be fine for 2008, but it's anybodys guess after 2008. I don't see how we could go to far wrong in 2008, with RA insurance prices of $5.40 for corn and $13.36 for beans. Even with a poor yield or no yield, we should have a respectable bottom line for 2008.
How do you know how close and elevator or supplier is to a breaking point? Sometimes they post their grain bids, but I have yet to see them post the number of dollars left on their line-of-credit, status of there brokerage account or current financial statements. I think it's going to get or has already gotten to a point where we will need to demand more information from our suppliers before entering into prepaid and grain commitments or we are asking to get burned. | |
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is speculation money going to ruin the whole thing?
