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FC stone 165.8 corn and 44 beans
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MRK
Posted 8/3/2010 22:34 (#1300104 - in reply to #1299856)
Subject: RE: tc after the June 1/4 stocks report


Tara Farms - 8/3/2010 20:35

nobody on any farm site can get anything dumped I think it is hard to argue that fact.


Hmmm corn is continues to leave our farm daily. I think its a little harder to argue with that "fact" Just like this Rally you said Can't ever happen because of all the farmer selling. I don't know where you come up with some of this stuff you post. Processors are still using as much corn as ever around here.

If you want to state "Facts" last years corn quailty was terrible and nearby basis sucks because farmers dumping corn going out of condition and processors taking advantage of that. Ray jenkins pretty much confirmed that. Considering a 10 month storage cycle for corn dec 1st thru oct 1. We got 20% left to go and add in a 10% carryout that would leave about a 1/3 of old crop corn still in storage today. Doesn't seem to far out of line.
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