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If the price of corn continues to drop how long do you think it will take for the prices to drop at the retail level?
Corn commodity prices dropping
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Will be lucky if they ever do.
It has dropped about $2 per bag in my neck of the woods.,
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I turned my feeders off this weekend...Time to go with plan B
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Lets hear it !
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He doesn't have time to reply. He's working on the high fence around his property. :smack:
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Moving to the whiteoaks and food plots :wink:
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Thats where I am at right now. Seen a little 5 or 6 point coming out yesterday. They have been hitting the apples/pears some, but not hitting the corn much at all. You didn't see anything this weekend ? I only went once.
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I hunted Sat. afternoon, didn't see anything but doe's and small bucks.
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That is pretty much all we've been seeing. I'm hoping the big bucks are just staying back in the woods and not making their presence obvious. Although, a freezer full of doe wouldn't upset me one bit.
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Lets hope all the prices continue to drop at the feed store, grocery store and gas pump :biggrin:
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Oil is already back up above $80/barrel this morning. :smack:
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I was hoping to see the price of corn down today. Went to the local feed mill and still had to pay $8.50 for 50lbs.
My buddy filled up in Fayetteville for $2.75/gal on Saturday.
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How sad is it that these days we get excited about $2.69 gas and how cheap it is? :banghead:
Well, considering that no one has tried to answer your question ..... I will.
Corn, as a commodity, trades in contracts. The contracts are listed by the month. When a contract is bought or sold, it is called by the month for that price ..... such as October wheat , or Nov. wheat ... or in this case, October corn, November Corn , or December Corn.
The farther in to the future the contract is, the more chance of bigger gains or losses. Like buying or selling March Corn .... today. You would have to speculate much more about the price of corn in March .... than you would about Nov. Corn ..... because it is much farther away .. time wise.
Typically , the prices quoted need to be associated to their proper month.... BUT in general , when prices are referred to , the prices spoken of are for the next month or 2 months contracts. Soooo , corn prices referred to today , would most likely be representative of Nov. or December price contracts .... and thus, if there is a drop in that price, you will see the drop at the store in that respective month.....
IE ... if Dec. corn drops to 450.00 , then you will see the respective price drop at the store , in December. If it dropped on the 12 th , then it will drop around the 12 th of the respective months contract.
Hope this helps
God bless
MET
Corn, as a commodity, trades in contracts. The contracts are listed by the month. When a contract is bought or sold, it is called by the month for that price ..... such as October wheat , or Nov. wheat ... or in this case, October corn, November Corn , or December Corn.
The farther in to the future the contract is, the more chance of bigger gains or losses. Like buying or selling March Corn .... today. You would have to speculate much more about the price of corn in March .... than you would about Nov. Corn ..... because it is much farther away .. time wise.
Typically , the prices quoted need to be associated to their proper month.... BUT in general , when prices are referred to , the prices spoken of are for the next month or 2 months contracts. Soooo , corn prices referred to today , would most likely be representative of Nov. or December price contracts .... and thus, if there is a drop in that price, you will see the drop at the store in that respective month.....
IE ... if Dec. corn drops to 450.00 , then you will see the respective price drop at the store , in December. If it dropped on the 12 th , then it will drop around the 12 th of the respective months contract.
Hope this helps
God bless
MET
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That is more than I could have asked for. Thank you!
Looks like corn rebounded quite a bit today.
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