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SC Iowa | That's 168 BPA for the US yield....
But, for the sake of argument, if you are correct, and we grew a 13.95 byn corn crop this year, the CBOT price for December futures would be a LOT lower than 3.05---more like 2.55--possibly even less because you would be looking at a 2.5 byn carryout on Sept 1, 2008....
Funny how sentiment can go from the most bullish of the year a week ago today--and now it's the most bearish.... | |
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All but over?
