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To: Fiji Hill

Sweet corn is different than field corn.

We are below $4 a bushel. Last year it was above $7.

That is why John Deere just laid off their harvester division.


29 posted on 08/20/2014 6:22:29 AM PDT by redgolum ("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
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To: redgolum

Low corn + high beef = overproduction of beef/hogs next year

But...since Russia isn’t buying (beef, pork, poultry, fish, fruit, vegetables, cheese, milk and other dairy products from the U.S., Canada, the European Union, Norway and Australia) then we can expect the low corn price to be offset.

So, I’d bet on same trajectory for beef. Corn producers will go fencerow to fencerow to make up in volume what they lose in price.

Jack Daniels and Jim Beam will be the big winners???


35 posted on 08/20/2014 6:51:11 AM PDT by xzins ( Retired Army Chaplain and Proud of It! Those who truly support our troops pray for victory!)
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