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Ehoff, Farmpro11, or any chartist, need help with March corn.
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coup
Posted 12/14/2009 22:21 (#966871 - in reply to #966333)
Subject: RE: Ehoff


USA
Countryboy,

My gut says set tight , guess will know whose gut was right in another 60 days.

Don't mean to be critical, but you need to learn to relax and not get so panicky. Wouldn't be in a hurry to dump cash corn now. Somebody at STL is bidding better than what you are being quoted. 18 under Mar on this bid. http://www.shipmanelevator.com/reports/december2009/121409.pdf


Corn basis will improve at STL, after farmers get done dumping the last of the harvest and the upper Miss river supplies are no longer a factor till spring thaw. Imo corn basis will improve to plus 10 by the middle of Feb.

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