Humberto Boellert
๐ค SpeakerAppearances Over Time
Podcast Appearances
I think it was right around 57, 58.
Yeah, 57 December, and it was New Year's weekend.
And then we jumped up to 62 to 67, where we stayed basically until the war started at the end of February.
I think that's where we stayed.
So I agree that 79 is a key point, because 79, Pat, is only $10 from 67, where we were in February before everything started.
So I agree with that marker.
It goes like this.
Once I sell you land so that you can feed your family, now it's going to take time to grow crops.
And right now, the supplies are so low that now we've got to get oil through the system
to do it.
Now, the good news is here in the U.S., you know, we've been able to do some of that.
Not all of it, but the commodity price of oil will come down, but then it's going to take, it's the same thing we talked about, Pat, about June 14th.
You need about, I think you need 75 days, two and a half months to start to see prices really shift because you can get everything processed.
And now cheaper diesel is being bought.
It's cheaper diesel in the truck carrying apples, cheaper diesel in the truck.
Stable diesel.
That's the main thing.
Yeah, no, I mean, it gets back down to where are we right now?
Watch this.
This is his scorecard, okay?