|
Adams, NE | There are a lot of mills in between, but no wet mills. The Eddyville plant has a completely different cost structure than all the dry mills. They will get their corn long after the dry mill industry shuts down. It just might not be at the pace/price Cargill desires.
We got offered enough corn today to get to new crop without a doubt. We passed as there is no desire run the risk of the inverse this early at these basis levels. Maybe it ended up in Eddyville?
Ray brings value to the world with his experience. We disagree at times, but we shall all be respectful and thankful for his opinion. | |
|
Market Thoughts
