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A question for Maize and Ray
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RayJenkins
Posted 10/27/2017 14:09 (#6330278 - in reply to #6329665)
Subject: RE: A question for Maize and Ray


SC Iowa
Mr Market is trying to encourage the shorts to roll ahead by throwing a little money in the kitty

approaching a 14 cent Z/H level

I think cost of money (ie: interest on the money invested to carry the physical) is having an effect on spreads

but I felt that should have happened last two years as well!!

more and more anecdotal info about elevators plugging sooner than farmers expected given pace of harvest

if true, things could get kinda ugly

personal groundpile vs. one at the elevator??
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