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Boone Co. Iowa | Oct 15, Friday 6 a.m., Dec 21 corn at $5.23, Dec 22 corn at $5.21.
Market got a little nervous with the carry being there!
Harvest pressure lasted a day or two?
Hard to know what to do. Spent past three days harvesting best yielding, best standing corn I have ever harvested. Wife rode a few rounds yesterday. Her first comment was that the corn looked tall and that she could see the dirt on the ground, usually lots of leaves/trash.
Local ethanol plant came out with price later program yesterday….
Negative 10 cent basis which is very strong for our area. Lots of combines 90% (?) are on corn now…
All the buyers, coops and ethanol plants, seem to be doing the work to get possession of my crops…. | |
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