Posted 1/12/2024 08:51 (#10569424 - in reply to #10569315) Subject: RE: Undersold producers vs under bought buyers going into grain stocks
n. Illinois
undersold producers have March 1 cash rents due, Land Payments Due John Deere equipment pmts due and their working capital has taken a hit because of the low price and the operating creditors will not want to extend more credit for some without much higher interest rates and/or collateral. etc. So my bet is the undersold producers cave first.
Undersold producers vs under bought buyers going into grain stocks
