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Re: Need a couple ideas. CORN
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Posted by JTinNJ on April 10, 2007 at 16:03:00 from (198.50.63.15):
In Reply to: Need a couple ideas. CORN posted by Kelly C on April 10, 2007 at 09:41:47:
Buy this time next year people will be begging for $3.50 corn. Corn is going to go down.Why you ask? How many farmers have planted less corn than last year? Talk about shootting yourself in the foot.We had a chance to make some money and we blew it. If it was 5% less acres in corn insted of 15% more acres.Than maybe we could of had 2 years with a high corn market.It's all about supply and demand.How large will the demand be for 90.5 million acres of corn.They can only make so many gallons of Ethanol.There was plenty of corn last year.So what did we do?12 million more acres in corn.That is a good move.You guys should quite farming and be rocket scientists.
With 20% less acres in soybeans this year, I think I'll plant soybeans.
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