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New low in corn (spikes)
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CMN
Posted 8/26/2024 14:02 (#10867066 - in reply to #10866485)
Subject: RE: New low in corn (spikes)


West of Mpls MN about 50 miles on Hwy 12
I like even/plus river basis in August.

Hedging a few contracts of corn with a personal hedge account, storing corn past the 4th of July, and playing the August corn basis game has worked kind of OK here this summer.

It was me and one other truck at Port CGB Savage, MN this morning. Maybe all the farmer stored corn has been sold and delivered? And MN doesn't have another crop coming in 2024...I'm still not convinced MN had a better than average 2023 crop.



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