There is more down side risk than upside potential in this market. Thats not to say that we wont see a short term rally even higher. I'd start locking in prices over 6 for corn and 13 for beans if there is any way you can cover that with production. Last night on ag web they were saying that at current corn and feeder prices there was no way to lock in any profit with fat cattle. So, the fed market has to go higher or the rest have to come down. My guess, and thats all it is, a guess, is the market has gotten ahead of the economy.
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Today's Featured Article - Good As New - by Bill Goodwin. In the summer of 1995, my father, Russ Goodwin, and I acquired the 1945 Farmall B that my grandfather used as an overseer on a farm in Waynesboro, Georgia. After my grandfather’s death in 1955, J.P. Rollins, son of the landowner, used the tractor. In the winter 1985, while in his possession the engine block cracked and was unrepairable. He had told my father
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