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Corn piles?
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zmracing
Posted 9/7/2015 22:19 (#4777017 - in reply to #4777005)
Subject: RE: Corn piles?


west central MN

moran - 9/7/2015 22:08 " If the corn bids in the future are going to be "disastrous", their plan of loading the bunkers is "disastrous" as well. 

 

Just because they are buying the corn from the farmers today does not mean they are locking in their price today. A lot of plants will bring the corn they process to market on the day they process it. I would agree with MRK that this could end up being a bad deal for the farmers that are trying to turn their corn to cash sales later.

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