Posted by Sourgum on April 01, 2014 at 15:58:04 from (166.147.104.145):
In Reply to: Corn prices? posted by DeltaRed on April 01, 2014 at 11:51:52:
Planting intentions report predicts 91.7 million acres corn going in this year. This is 4% below last yrs in terms of acres. This surprised the market & boosted corn price, closing 5.07 @ Chicago. It went to 5.10 today then fell back. Corn has had a run up from 4.30 in last two months. Can there be much room left for a further run up in price? That is a healthy run. The next planting intentions report is just around the corner - Apr 10th. More price volatility.
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