Posted by Dave from MN on April 02, 2010 at 05:15:19 from (96.24.95.216):
unless there are some weather catastrophe's I cant see prices rebounding too much in the short term. Really glad I contracted a while back during the peak. I think there is alot more corn out there stored than they even figured. Sure seems to have given the feeder prices a boost! I also am suprised at how many people have passed on the great prices the last couple years to sell some stored grain. Have a neighbor that filled his bins two years ago when prices were still high. Spoke with him the other day and he said he wont sell at the se prices, ut thats what he said when corn was close to $5 dollars, he was hoping for six. Not sure what will turn out as he has his bins rented out effectiuve the end of october and he will have to empty them by then. May be an interesting year.
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