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NW IN | Your local market is telling you the pipeline is sufficiently full and it isn't concerned about current and short term future inventory (processor, rail loader, even local elevator).
This is how a large carry-out market works. Best to separate the futures and basis side of sales and actively seek the best deal for you (on basis).
Probably not what you want to hear, but the reality is that we will, as a country, be sitting on 2.3 billion bushels of corn September 1 that has to be stored. Free advice...take it for what it's worth. | |
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Basis frustration.
