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bradmore
Senior Reader

Re: How high do prices go?

There are alot of people that are raising hogs(and eggs and chickens) under contract that have to fill out there current contracts somehow.I know of some new hog buildings just getting finished,will they let them sit empty or fill them and hope someone else gets out.

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Senior Contributor

Re: How high do prices go?

You better hope it stops at $8.   IF we go to $10 on corn, which I personnally don't think well happen, South America will plant corn till all the cows come home.   The US farmer will be out of business in 2 years with the increase production from other countries producing corn.  

 

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Senior Contributor

Re: How high do prices go?

If south America plants that much corn it will help keep bean prices high.
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Senior Advisor

Re: How high do prices go?

South America has  challenge with their infrastructure handling grain now.  Not sure how much it could support a bigger corn crop.  I thought they were trying to develop a finishing industry down there?

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Honored Advisor

Re: How high do prices go?

I guess that the cows will be home much sooner than you think.....better open the barn door about now.       

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