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Ontario's middle east | I guess the red line doesn't have to go all the way to sept but it will make major headway. Basis can diverge from the structure for awhile but I have never seen one of these charts not At least loosely follow the map.
I do think corn is extremely tight,but it does exist, some places more than others. New crop purchasing has been very slow and low. But as one customer put it its come down enough farmers should soon feel comfortable selling. Regarding old crop there has been much handwringing and dumping of corn this week. Did I influence that with my grenade thing? IDK I didn't influence them when I told them not to store in inverted markets. We bought more corn the last 10 days then all summer.
Im more forth coming than a lot of merchandisers Jon I like them to say I told them to do the right thing. It comes back to that lead a horse to water thing.....if you want to price it against Z , go right ahead...... | |
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Okay Maizing give my your update..
