southern MN | cows-n-crops - 1/5/2017 21:16
The Brock prediction of $6 along with a friend recently showing me a ticket from years ago for some cheap soybeans has me wondering who has sold for the lowest price? Some brag about $8 corn and $18 beans, but who can claim worst marketer?
$4.75 beans and $1.65 corn is about as bad as I can remember selling for several years ago.
Edit to add: I'm in my early 40's. Age might give some perspective as to lower pricing era's.
Corn was right near $1 but that was with the moisture discount, so not really cash price. It was under $1.50 cash tho, I'm thinking $1.27 or so?
Beans dropped down to under $4.00, I don't think I sold under $4, but might have been $4.10 or so.
The 80s were interesting times, the early 90s weren't any better. Without ethanol, and with grain embargoes, and with frozen Mississippi River and the rail lines all fallen apart, the basis in winter was really really bad around here.......
Paul |