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Am I missing something here on corn storage ??
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billybob
Posted 3/28/2007 13:04 (#127033)
Subject: Am I missing something here on corn storage ??


68340		Maybe shrink ??

Elevator will pay me something like 20 cents to store corn at 15% moisture that is for fall delivery until next July. Say 9 months.

5% interest on say $3.50 corn for 9 months is 13 cents. So my net is 7 cents. Right ? Am I missing something here or is this correct ?

Thanks.
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