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I don't uderstand
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Kooiker
Posted 7/29/2010 00:22 (#1292359 - in reply to #1292272)
Subject: Re: I don't uderstand



The market is based off of "good" corn and damaged corn gets discounted from there.

By not getting discounted on your corn you in essence received a "premium" relative to what the seller of the damaged corn received.

I've heard reports of rather large quantities of damaged corn being sold to cattle yards for $1/bu. That's one heck of a discount.




Edited by Kooiker 7/29/2010 00:23
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