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Grain movement is slowing..
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JonSCKs
Posted 1/7/2016 19:23 (#5019256)
Subject: Grain movement is slowing..


There were 3 to 5 hour lines before Christmas in spots.. today not a single line anywhere I went.. pulled up and dumped.. even chatted with the pit crew for awhile..

"Where are all the trucks?"
"I don't know.. slowing down I guess.."

Looks like guys needed more income in 2015 vs now.

All these buyers base their basis offers on USDA estimates of farmer holdings..  I'm only delivering on contracted grain from this summer but I'm well on track to empty out this spring.. already got 7 bins empty..

maybe the farmer isn't holding so tough.. maybe demand is understated.. or crop size last year was overstated?

???

anywho.. definitely slowed down here.. 

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