Replies to post #14843 on Value Microcaps Junior Energy

[value1008]

Stockpeeker, do you have handy the link for that USDA report?

Interestingly, i read last week a very thorough report on the US and world grain market outlook (esp. corn) from insightful analyst Dan O'Brien at Kansas State Univ., http://www.agmanager.info/marketing/outlook/newletters/Corn.asp

wherein he and his colleagues work up 3 scenarios for corn supply/demand dynamics, based on a "low production" or "high production" or "likely production" scenario.

Looks like the 4% reduction in planting would take us more toward the low production scenario worked out by the KSU experts, which generates an avg corn price for marketing year (MY) of $4.80/bu, with about 50 cents plus or minus.

Their "likely production" scenario would have meant an avg corn price of ~$3.90/bu.