AgTalk Home
AgTalk Home
Search Forums | Classifieds (46) | Skins | Language
You are logged in as a guest. ( logon | register )

Massive farmer selling on yesterdays rally.. 5 trucks.
View previous thread :: View next thread
   Forums List -> Market TalkMessage format
 
JonSCKs
Posted 3/8/2024 06:39 (#10656655)
Subject: Massive farmer selling on yesterdays rally.. 5 trucks.


I’m told that when the shorts start to cover it will be met with MASSIVE farmer selling with bushels which USDA says are “out there.”

Reports yesterday.. 85% of last falls harvest is already priced.. but only 50% when you add the phantom bushels from USDA’s super drought hardy amazing corn yields.  Our dryland corn went 350 bu.

3 producers sold 5 truck loads on yesterdays rally.. heck of a haul.. I guess there was a line.. as one of the trucks blew a tire.  While dumping..

I'm personally going to sell another 30% of the bushels I didn’t harvest last fall if the rally continues today.. before the Brazilians offer bushels which USDA says they have.. but won’t raise.

heck of a deal.

 

Top of the page Bottom of the page


Jump to forum :
Search this forum
Printer friendly version
E-mail a link to this thread

(Delete cookies)