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Musings from the land of 60 bu corn..
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JonSCKs
Posted 9/8/2024 08:45 (#10882350 - in reply to #10882340)
Subject: Cattle got to be fed every day.. ethanol plants exporters..


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w1891 - 9/8/2024 08:40

Z24 contracts don’t have to be covered until Dec., well after harvest. And funds aren’t just short in Z.


Cattle got to be fed every day.. ethanol plants.. etc..

The funds get the scraps.. that priced in excess of demand..

Why would we price now vs stick it in a bin.. where it has to go anyway to dry.. and price it later.. for.. more?

I don't care.. do what you want.. just don't wait on me to bail you out of your short position..

If buyers don't get it here at harvest. They'll have to pay more later from the coops.. shuttle boys.

Just the way it is..

Church.. then the fair.. later.



Edited by JonSCKs 9/8/2024 19:54
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