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What to store, what to price??
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Markwright
Posted 9/13/2010 16:05 (#1358135 - in reply to #1357942)
Subject: RE:Even in a crumby basis area, your Cash


New Mexico
has got to be in the very high 3's to low 4's now.

And those high 3's will ALL likely be in the 4's this week to next week.

What are you waiting for? Every time cah goes higher ...reward it..haul a BUNCH to town.

Get out of the 09 corn...and deliver say 70% of Your 010 too.

Perhaps store half the 010 beans etc.

Main positive thing going into 011 for agri folks is to go into that "cashy" thus looking like you do not need your banker.

The operations who look like they need a bank are very likely to be spun a deal called "offset collateral values and balances," which basically means "raise cash, raise equity."
Good luck with it.
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