Posted by Traditional Farmer on January 26, 2014 at 10:22:32 from (67.237.188.53):
In Reply to: Re: WOW!!!!!! posted by Allan In NE on January 26, 2014 at 09:00:53:
If there is 10 of something around and only 9 people want it the price goes down but if 2 more decide they want it too then 11 people want what there is only 10 of so the price will go up until one of them decides the price is past their limit. Any good business prices their product at the maximum price that it will sell at and propane,oil, Natural gas etc companies are no different.Anyway 'gouging' is in the eyes of the beholder as a livestock guy I'd say $7 corn is gouging but the grain guys just think its what they ought to be getting.
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