somewhere it is posted corn demand dropped 10% last yr. wrong term, USE dropped 10%. You can't demand what isn't there.
can we all lookat a supply demand curve ? it is basic. at 8$ less corn will be deandedd/used. price rations low supply.
of corn goes to 3.25, use/demand will be induced.
100 Xs, high prices with supply problemas as backdrop------happen------ it is not a new world
where farm capital earns 405% ROI, it is until mother nature cooperates and normal yeilds
ensue and PX trends towards COP or lower.
land 15k/acre, feel good price,, then ,, .