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CIL | I think what you are getting at is..."is all the corn in farmers' storage already priced into the market?". Correct me if I'm wrong. But IMHO, yes, it is. Just like I know within a couple bushel of what my average bpa across all my acres is but I won't get the final answer until I empty my bins from that year. I think the market can figure pretty close, even if it's a bushel or two or three off, that's only a small percentage of the overall crop. So to me, close counts in 1) hand grenades, 2) horse shoes, 3) the market. | |
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On farm storage?
