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<blockquote data-quote="farmerbyron" data-source="post: 2493107" data-attributes="member: 4953">Except for all the other grain markets.&nbsp; When corn goes down it usually drags other grains down with it.&nbsp; Historically speaking grains are stupid cheap.&nbsp; If the grain markets had kept up with inflation, we would be getting $25/bu for wheat and $20 for corn and god knows what for beans.Just look at these charts.&nbsp; <a href="http://futures.tradingcharts.com/historical/CW/2013/0/continuous.html" target="_blank">http://futures.tradingcharts.com/historical/CW/2013/0/continuous.html</a>Wheat was trading in the $3-4 range in the late 70s/early 80s.&nbsp; It stayed at or below that range until the mid 2000s.&nbsp; Now how much did a tractor cost in 1980?&nbsp; A new one was about 25k.&nbsp; Now a new one approaches $200k or more.&nbsp; A new truck?&nbsp; Maybe $7-8k.&nbsp; What&#039;s a new one cost now?&nbsp; $50k.&nbsp; How about fertilizer and land costs?&nbsp; Fuel?Call me crazy but grain commodities in particular are dirt azz cheap comparatively speaking.&nbsp; Just pisses me off when people ***** about the price of milk and bread.&nbsp; They have no idea what it takes to fill their bellies.&nbsp; Sorry to get off on a tangent but there is absolutely no food being taken out of anyone&#039;s mouth by ethanol.</blockquote>

[QUOTE="farmerbyron, post: 2493107, member: 4953"] Except for all the other grain markets. When corn goes down it usually drags other grains down with it. Historically speaking grains are stupid cheap. If the grain markets had kept up with inflation, we would be getting $25/bu for wheat and $20 for corn and god knows what for beans. Just look at these charts. [URL="http://futures.tradingcharts.com/historical/CW/2013/0/continuous.html"]http://futures.tradingcharts.com/historical/CW/2013/0/continuous.html[/URL] Wheat was trading in the $3-4 range in the late 70s/early 80s. It stayed at or below that range until the mid 2000s. Now how much did a tractor cost in 1980? A new one was about 25k. Now a new one approaches $200k or more. A new truck? Maybe $7-8k. What's a new one cost now? $50k. How about fertilizer and land costs? Fuel? Call me crazy but grain commodities in particular are dirt azz cheap comparatively speaking. Just pisses me off when people ***** about the price of milk and bread. They have no idea what it takes to fill their bellies. Sorry to get off on a tangent but there is absolutely no food being taken out of anyone's mouth by ethanol. [/QUOTE]

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