aplusmnt
Well-known member
larryshoat":3r92ia7t said:Everything runs in cycles . When corn was $1.80 we knew that could not last, you sure can't raise it for less than $2.00 .If you want to see something real ugly look at the hog business right now . At least the cattle can eat some cheaper feeds . Markets always move from being overbought to being oversold or, vice versa .
Larry
Problem is we have the government sticking its nose in to the free market and demanding that ethanol be a % of all gasoline. Once the government gets involved and says you have to put ethanol in all gas and they use corn to make ethanol there is no doubt it will turn the market upside down.
It will be hard for the market to adjust when government mandates it. We could be looking at a rise in prices that will not adjust or come down because the supply and demand is being controlled from an outside source, that being the government not the free market.