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Tractor Talk Discussion Board

Re: Corn Prices Now Over $6


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Posted by 1936 on April 02, 2008 at 11:57:18 from (68.77.29.244):

In Reply to: Corn Prices Now Over $6 posted by e on April 02, 2008 at 08:48:55:

The ones who poneyed up start money for the ethanol plant by Middle town, Ia. Have to deliever 5000 bu of corn each year, but are doing well. The plant is running not like the one near Pekin, IL. The in the ground cost for corn is soo much more than wheat or beans is moving growers away from corn. In many areas you can double crop beans after wheat. A lot of big bin sales in the future. The country elevators are full boar on this idea. I see corn under tarp by the elevators last week. After the run on the banks it woun't matter what gas cost. I have been asked by a person in their 80's about pulling the money out of the bank. This to me is a silent under tow in the making? Childern of the depression can remember no money. Bear Stearn was saved by the gov to void bank runs. Will the gov save the hedge fund investers who have trillions of the sub prime loan paper work. 1980 Mopar was bailed out by uncle. History goes full circle.


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