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No storing at elevator
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w1891
Posted 9/1/2024 21:20 (#10875267 - in reply to #10875219)
Subject: RE: No storing at elevator


S Illinois
Real fear in the elevator business as to what is going to be available for space come mid Oct. Space is going to be at a premium. So they want to maximize their return on storage. No real read on price other than basis will be very weak in another month and the elevator wants to position itself to take advantage of that.

Edit: Very good chance they also have more old crop carryover than they would like so that a chunk of their space is already spoken for.

Edited by w1891 9/1/2024 21:29
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