Grains got hammered on the news. I think we're at least nearing 50/50
odds on a major farm crisis. Farmers will lose a good deal of money at these prices.
Why plant? Because they're farmers. And because they need revenue to cover fixed costs. So they'll lose less with grain to sell, but they'll eat into equity to do so.
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In response to this post by 757)
Posted: 05/06/2019 at 09:56AM