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Tera may have been right when he called corn to challenge $6.50
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Tara Farms
Posted 8/26/2013 07:20 (#3289524 - in reply to #3289441)
Subject: Brazilian Government and Farmers are sitting


Red River Valley
on about 40mmt of corn that needs to find a home not sure the farmers there will wait for $6.50 and I would bet almost anything the government will not.

with the falling Brazilian Real - vs USD this is a very nice time if your a SA farmer for a rally.

If your a forward type seller I would be taking advantage of this week for sales both 13-14 IMHO

$5.50 dec 14 may become available this week might not be a bad place lay of risk I think the Safrinai corn growers will be selling that area.

The amount of damage that can occur to a corn crop in the last 5 days of Aug is not what many are hoping for.

Edited by Tara Farms 8/26/2013 07:23
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