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| Look, I know 1/2-1 cent doesn't amount to much even if you're knocking off 250 bushel yields. It's just the mentality I have a problem with. Where does it stop? Shaving 1/4-1/2 cent off your target to get it filled was mentioned here last week already by a poster. I've heard it from the guys I contract grain with too. This is not some new concept. I question the timing of it with the trajectory of the market. Corn has traded above $4 seasonally how many years in a row? It's Feb 13th. The market closed strong last Friday. Soooo on Monday at 10:30 let's start shaving our target orders just we can say we contracted something? No thanks.
CZ17 $4.00 was just a spot I had in mind to start paying attention to the market a little more. I had a guy call me back when CZ17 hit 3.85 to tell me he booked some corn. I didn't know if he wanted me to congratulate him or what?
I'm neither a bull or bear. I like it when markets go up but I play both ways. I just don't want a perma bear anywhere near my marketing. | |
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Drop it a Tick or 2 ?
