04-04-2013 01:54 AM
Peak corn is his last one which could very well be true for us in the good old USA. The problem is the rest of the world hasn't learn how to maxout yields like we have and when they do supply will out do demand until worlds population increases or its people raise their standard of living.
04-04-2013 04:07 AM
Yes , the Missouri man can be windy. But why ask that question when you haven't offered a "prognastication". I like reading different opinions. What is your prognastication?
FWIW Old crop corn inventory is overstated. If the the current weather patterns don't change new crop corn acres are 2 mil. acre too high.
04-04-2013 05:31 AM
Well, this is when we need MT the the most. When corn is 8 bucks, no rain in the forecast and USDA even admitts there`s only a 600 carryover, being bullish is easy. Now it`s a little more difficult. I feel like the little boy in the movie "Shane" http://www.youtube.com/watch?v=2lAY-rRRa4o