Don't forget the boneheaded ethanol mandates that have us plowing 25 percent of our corn crop into a marginally-efficient fuel.
And farmers all over the country are replacing soybeans and other crops with corn as a result, which means across-the-board rises in crop prices.
“And farmers all over the country are replacing soybeans and other crops with corn as a result, which means across-the-board rises in crop prices.”
Except for the really smart farmers. We have 700 acres of soybean around us. Soybeans are selling for $12.39 a bushel and will most likely go up nearer harvest. Corn has fallen to $5.42 a bushel. (But that’s still historically high for corn.)
There’s ALWAYS money to be made in any market. I love it when the Dims try to screw Americans. A lot of us are smart enough to outwit them at every turn...it’s the DOLTS that keep voting for them that are the problem to the markets as a whole, but are a blessing to we ‘Contrarians.’ : )