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Post by Woody Williams on Jun 16, 2011 20:13:46 GMT -5
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Post by windingwinds on Jun 16, 2011 20:31:37 GMT -5
Somehow I doubt the price of feed will go down..........it's funny how that works. First it's oh we have to raise prices because of this and that, but when this is over, prices remain high. That surely is the way with gas pricing. Sometimes I wonder if they don't over raise it so they can then lower it and let us think we got a deal. Walmart does that every Christmas on black Friday.
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Post by kevin1 on Jun 18, 2011 11:16:15 GMT -5
They would have dropped whether the ethanol subsidy was eliminated or not, when prices go up everybody and his brother plants as much of the affected commodity as possible, the price drops as soon as the market gets flooded.
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Post by firstwd on Jun 29, 2011 13:42:43 GMT -5
If market prices were controlled by those who have the supply instead of some Wall Street speculator, I think everybody would be better off.
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Deleted
Deleted Member
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Post by Deleted on Jun 30, 2011 20:47:06 GMT -5
www.lex18.com/news/corn-price...s-bumper-crop/Corn prices are plunging after the government reported that U.S. farmers have planted the second-largest crop in nearly 70 years. News of the huge crop took investors by surprise. Many had been expecting the wet weather this spring would keep the annual corn crop small. The only crop that was bigger in the past 67 years was planted in 2007. This year's crop of 92 million acres is 9 percent larger than the average crop over the past 10 years. Farmers were highly motivated to plant corn rather than crops like soybeans after the price of corn hit a record of $7.99 a bushel this year. Corn for December delivery fell 30 cents to settle at $6.205 a bushel Thursday. September wheat fell 9 percent to $6.1425 a bushel.
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Post by raporter on Jun 30, 2011 21:02:40 GMT -5
Now if they will just plant a bunch of sunflowers. Stuff is rediculous.
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Post by maddog on Jul 1, 2011 12:32:45 GMT -5
I wouldn't bet on the corn price going down, when the reality of this crop hits home in Nov. I've worked in the seed business for almost 40 yrs. The corn crop losses, in Indiana and other states due to weather, in all probability will show 3-4 million fewer acres, than the govt. crop report. The govt. is trying to keep a lid on corn going up to the $10/bushel range, for a while. In most areas it's been caused by too much rainfall. However, in some areas, it has been caused by drought. Time will tell.....
maddog
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Post by tenring on Jul 1, 2011 16:42:24 GMT -5
$5.84 today .
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Post by Woody Williams on Jul 1, 2011 17:54:35 GMT -5
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