01-14-2013 07:41 PM
I should be able to dream, 1st year I don't have a bushel of corn or beans in the bin. Glad to see 2012 crop year go and look forward, I hope to a better year. Last summer, neighbor put up a new 30,000 bu. bin, didn't even use it. Next year hopefully will be better. And we are still dryer than fall 2011. 5 foot deep drier. Envious of all those tile lines running in Ohio & Indiana. Always believed in the fog and the it rains in 90 days untill last year, should have been as wet as 93 with all the fog we had in Jan. to end of March.
01-15-2013 09:29 AM
Remember the words of the great trader W. D. Gann: "The history of the world shows that there never has been a time when there was a great demand for anything, whether it be a product of a mine, factory or farm, that sooner or later a supply in excess of that demand did not develop. This is but a natural law."
So I agree with highyields, I doubt we're going to run out of corn. I thought we were supposed to run out of corn last August, according to some people here. Higher prices, sure, and that probably means somebody's going to have to go without. But if the price goes high enough they'll be planting it on the White House lawn.
01-15-2013 09:48 AM
glen, good post! There are gonna be more folks doing without their normal grain supply in the future no doubt. Those that wait may be disappointed.