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| Raining yesterday and today in Iowa, Dad hauled a handful of loads yesterday, no lines. Merchants continue to talk about difficulties buying grain, have been willing to push bids. Curious what others are seeing? Concerned about On-Farm stocks below... Assuming the majority are holding until summer, hoping for spring weather rally. Have already heard some "too dry" guys switching to, "delayed planting"... Once it cuts loose, basis levels seem primed to do damage.
Corn stocks in all positions on March 1, 2024 totaled 8.35 billion bushels, up 13 percent from March 1, 2023. Of the total
stocks, 5.08 billion bushels were stored on farms, up 24 percent from a year earlier. | |
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