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Fry, don't hurry to price new-crop corn if March futures hit $4
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Boone & Crockett
Posted 3/15/2016 06:17 (#5177034 - in reply to #5176959)
Subject: RE: Fry, don't hurry to price new-crop corn if March futures hit $4


Fry, big difference back then was a pretty decent loan rate, IIRC, was $2.56 for corn. That was a good floor for those days. I remember putting corn under loan, collecting .265 cents a year for three years storage, and hauling it out for $3.25.
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