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Buxton ND | 3.01 ZCU16 as Ray stated is with in .11 of 2.90 markets can be horse shoe's hand grenade's.
Forget the basis ??? Yeah I guess one say that its just another 50 bucks an acres for those selling right now.
$2.90 has been my number since the fall from dream land prices that I felt is where the spec number would target.
Some talk like they are for sure 3.01 was THE low, we do not know yet, it could have been "A" low with a seasonal bounce have again look at least years market. YES its a different year tho we have many factors that are a carbon copy if not worse effecting the down side. Commercial/end user have not forgotten how to use producers cash full needs against.
Picture I forgot from above, when the corn market does this or close to it would be a wise move to sell some. THINK LAST SUMMER.
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Bear pictures?
