n.c.iowa | It is interesting to me that the nearby endusers that I kinda keep track of are bidding positive basis (about $ .60/.80 over what I consider “normal” here). Two of them are feedmills and they run full every week…and yet are bidding a pretty darned good bid to stay completely full…
bad strategy….? Do they know something that the USDA doesn’t know…? I talked to our local location manager yesterday, he’s concerned…..says he’s behind in his bushels of corn bought according to his rolling average of the past years.
It's a number that got my attention.
Things that make a person go “huh”??.. |