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Red River Valley | you have to be kidding right ?? from June 30 until july 30 using position changes in the COT report it is figured by some a CHS that farmers have sold 1.5 to 1.8 bb of corn. coupled with the crash in basis and the fact that nobody on any farm site can get anything dumped I think it is hard to argue that fact. if you add in the fact that over 300 mb is still under loan that means there is only about 50 mb of corn left in farmers hands between a couple of dairy and feeding operation around here along with a dozen or so rather large farmers I now where about 10 mb of that is at. it will be up to somebody else to find the other 40mb. lol | |
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