|
NW Indiana | 2013 would fit a lot of the characteristics you are suggesting. May 20 from low to high was a 71 cent rally in 9 bars based on major wet weather in northern IA and southern MN. The issue with comparing that year fundamentally those couple million acres did not matter as there was still ample room on the balance sheet. Also during that time period we hadn't just seen a massive inflation push not seen since the 70's which will also take a few years to figure out. I would suggest everyone should look at grain prices during the 70's to understand that period a little. Its great to look at history but predicting the future is impossible. | |
|
2024 analogues
