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IN | Have been 0 lines to deal with except early on. Elevators not even staying open for regular harvest hours. No extra corn piles like the last few years. I’ll start with a 176.8 on yield but USDA will print 179.8 in January. Basis will need to do the heavy lifting here to get it out of the bins at least whatever is left after expenses are paid. I would look to retest the 5.25 mark somewhere around March if we’re all still here. If the government scare tactics that were going to start dropping nukes tuesday night happens then oil will go sky high and grains should see some security buying with markets retreating from stocks. Supply will be updated at a later date I’m sure but storing the 2027 crop looks like a good move to me if and when it does get corrected to the truth | |
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$6 dolla corn
