Scottville, 49454 Northwest Michigan | Ken,
I have to agree with you. Although I have some concerns for the elevators, I'm more concerned with the end users. Especially livestock producers. I don't see how they can avoid unprofitabililty at these commodity prices. And if they have to liquidate some of their feed consuming animals, thats demand that's gone for some time. It always seems to take more time to get the demand back than it did to lose it. What that will eventually look like for our commodity prices and more importantly our profitability, (especially considering the higher input costs) is anybodys guess.
gordon |
is speculation money going to ruin the whole thing?
