|
Red River Valley | No they never said that we would run out but with the selling that has went on since the report the farmer should be about sold out and yet basis will not do anything but widen and the big hedging houses say the there is corn offered by farmers.
Remember that if the on farm stocks were correct in the last report than the farmers held the smallest % of the previous crop in history if that is true it should have been harder to buy corn.
I'm sure that there is farmeres oversold and undersold that is the norm but the fact remains that farmers have sold since june report more than would have been probable if the report was good.
dosen't mean it not possible but I have my doubts but thats just me
my bet is that the S&D on the 12 starts to deal with this but again that's just me. | |
|
are emotions taking over the markets???
