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corn price

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Old 08-07-2008, 12:48 AM
  #11  
 
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Hold on to your hat! It is going up in a big way this year.
Here in SC we made no corn crop unless you had irrigation. My friends in NC, GA, VA are all in the same boat. Don't forget the floods around the MS River from up north to down south. No Corn there either.
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Old 08-07-2008, 05:55 AM
  #12  
Fork Horn
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i was in another store last nite and it was 8.49/40lbs. equated out to a 50# sack still made it $11.
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Old 08-07-2008, 07:16 AM
  #13  
 
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Default RE: corn price

clean corn 8.99 for 40 lbs, unclean 8.50 for 50 lbs
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Old 08-07-2008, 07:18 AM
  #14  
 
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I figure it will go back down in 2009. the reason for it shooting up this year was all the flooding.
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Old 08-07-2008, 09:27 AM
  #15  
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Default RE: corn price

I buy it straight from the silo at 35 dollars for a 55 gal. drum full- it works out to about 6.50-7.00 dollars for a 50 lb bag
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Old 08-07-2008, 12:23 PM
  #16  
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Default RE: corn price

we're up to $11.50 for 66 pounds and im in Wisconsin... getting very bad...
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Old 08-08-2008, 07:45 AM
  #17  
Fork Horn
 
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Default RE: corn price

Actually, the flooding had very little impact on the corn price. Strong international demand, plus
ORIGINAL: wisbowhunter2009

we're up to $11.50 for 66 pounds and im in Wisconsin... getting very bad...
I am curious about the 66 lb unit of measurement. The standard unit of measurement for a bushel of shelled corn is 56 lbs, unless, of course, it is sold by some other measurement in your area.
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Old 08-08-2008, 07:53 AM
  #18  
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Default RE: corn price

WVSportsman,
The flooding has had very little to do with the increase in corn price. Strong international demand,the federal ethanol mandateand, of course, speculationare mostly what is responsible for thehigh price. I wouldn't look for much of a decline any time soon.
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Old 08-08-2008, 12:56 PM
  #19  
 
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Default RE: corn price

ORIGINAL: keyshunter

WVSportsman,
The flooding has had very little to do with the increase in corn price. Strong international demand,the federal ethanol mandateand, of course, speculationare mostly what is responsible for thehigh price. I wouldn't look for much of a decline any time soon.
Not saying your not correct, but how do you know this for fact. Corn in our region only went up slowly do to ethanol demand and then the flooding hit and it rose 2 dollars in a week...I know most corn is going to ethanol, but the sharp rise in price, imho, is do to the flood damage and the loss of complete crops.. I realize that ethanol has increased prices (slowly), and most of the availible corn is now going to ethanol producers..During the sharp rise, the local news covered it and directly related the drumatic increase to the severe weather....if you can provide an article that states other wise, I will be more than happy to read it.
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Old 08-08-2008, 01:34 PM
  #20  
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Default RE: corn price

$8 for a bushel of cob corn.
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