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Where's w 1891?
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Joelt
Posted 11/18/2025 19:15 (#11439139 - in reply to #11438869)
Subject: RE: Where's w 1891?


perryton, tx
I forward sold some Milo at .20 under. The lady in charge strongly hinted that the basis would be widening in short order. I should have been more aggressive and sold more bushels but I let doubt take over and I didn’t. The basis promptly moved to .50 under. So I, as in me, myself, cost myself 30 cents a bushel. Not Trump, not USDA, nor anyone else. After harvest I sold the rest at .50 under but what was still a decent cash price. Now, if suddenly China comes in and starts buying Milo and we get a rally I won’t be in position to take advantage of it because of the decisions I made. I should have waited to see how things would shake out with the China situation but once again I’ll have to live with the choice made by me, myself, and I.

Edited by Joelt 11/18/2025 19:19
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