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N FLA | As I remember. It was 0.50 over July until about March. Then he was "filled up". Then you could get Sept board until August was "filled up." Then you could get Sept board for "will call" anytime Sep - January. So 0.30 over Sep is probably good except that the board was $1-2 more a few months ago. I believe all this export came about more recently, as there wasn't any interest in buying August delivery grain just a few months ago. I'm not sure there was any implosion. Our losses were on the board as I interpret. I think they are offering 0.30 over to "encourage" drying and waiting in lines to getting it on the train vs letting it field dry and taking sweet time. But it will be 0.50 over this winter I'm sure for those with storage. You may be in terms of basis over December. And I can't say because we never had quotes on the Dec price. But obviously we were contracting July for 7.30 vs delivered now for 5.10. at best and 4.70 at worst.
The question below. I'm not sure what a unit train is. I'm sure pretty large. But this is entirely a temporary deal in the middle of a concrete plant. It will come to a screeching halt and we will be grain deficit pretty quick.
Edited by puff33m 8/22/2013 18:45
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Situation locally with southern crop
