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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: shades who wrote (83829)7/18/2007 2:11:51 PM
From: tdl4138  Read Replies (2) of 110194
 
Seen the price of corn lately?

It's nowhere near $4 anymore....and if it continues to fall...there's going to be quite a few unhappy farmers scratching their heads wondering what happened...

The costs for putting in a corn crop have skyrocketed...especially seed and fertilizer. Everyone in the "corn belt" was assuming that $4 corn was a certainty and that $5 was going to be "doable".

They probably would have made more money baling hay...
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