To: SoFloFreeper
What’s this about “increased cost of feed”? A search for “low corn prices” shows plenty of recent articles, including very welcome articles about the ethanol industry being on its heels.
8 posted on
01/13/2014 5:34:43 AM PST by
jiggyboy
(Ten percent of poll respondents are either lying or insane)
To: jiggyboy
Are you looking at history?
Take a Look at the Long Term Monthly Corn Chart
By Dennis Smith, Archer Financial Services
Historically speaking, corn prices are high.
If you look at the monthly corn chart, going back perhaps 10 years, you'll quickly notice that most of the time corn prices trade between $2.00/bushel to $4.00/bushel.
The exceptions to that occurred in 2008 and again in 2011/12.
In fact, corn prices remain much closer to the all-time high than to the upper end of the long-term range (say $3.50-$4.00).
...
Also look at futures.
I think if you research deeper, you'll find a large cattle livestock selloff this last fall, mixed with a larger grain harvest in the late summer of 2013 that's only recently driving cattle feed corn down.
15 posted on
01/13/2014 6:02:03 AM PST by
Yosemitest
(It's Simple ! Fight, ... or Die !)
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