date:Oct 12, 2012
t have to ration, Roose says. But, you have to keep prices high enough that you are going to ration to a certain degree. Do we have to make new highs? No. Does it have to press prices down? No. We'll see a big, broad trading range.
Farmers agree on the potential for upside in prices moving forward, just not quite on how much those prices will move; they'll have to move higher to ration current supplies of both corn and soybeans, the consumption of which many see as not slowing down much at all