date:Aug 13, 2012
pectations for declining farm profitability are driven by the current corn crop.
And what I'm often reminded of or think of is that you know what, we are going to have another corn crop next year. We may well have spikes in price in this marketplace as that emotion and the uncertainty around the corn crop and herd side plays out. But when you dig down and you look at the fundamentals, our view, at least today, what we know about the crops and grain prices and what we expect to happen with input