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Comment for Industry Filing IF 10-016

  • From: Darren S. Fritz
    Organization(s):
    Gold Eagle Cooperative
    Corn LP Ethanol

    Comment No: 45795
    Date: 6/23/2011

    Comment Text:

    I think the expanding the price limits would be a huge mistake. We have enough volatility in the markets already. The last expansion in 2008 just exploded everything up and down. When you get this kind of price flucuations it hurts the grain pricing and everything that goes with. Land costs, rent, fertilizer, seed. It's easy for cash rent to go up, but when the market crashs, which it will, it will be tough for rent to come back down.

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