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It's hard to trade
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Kooiker
Posted 7/28/2010 00:39 (#1290956 - in reply to #1290629)
Subject: Re: Why all the corn and no storage



There is PLENTY of corn in this area and as of today there is a huge crop growing in the fields.

 

With the basis getting bigger the cash corn price is not much higher than it was prior to the last "game changing" crop report.  

That is an indication that the elevators are getting all the corn the want/need.

 

I feel that the last report was a gift to those still holding/growing un-priced grain, corn esp.  Eventually we'll find out.

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