Ratio Corn trade on our radar
March corn a year ago was within a couple pennies of the price that march corn presently is at.
By the end of Feb we had traded to $4.95.
We think history could repeat itself or maybe even be better.
Our corn demand is off the charts and we are not sold that our production is any place close to where the USDA presently has us at. On top of that we have a world carryout that is the tightest it has been since 2013.
With that in mind we like the following trade: