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SE Iowa | For those unpriced bushels Basis plays can be made… IF one thinks best time to sell in 24 is april-may.as you suggest.. . get advance and stop 9% and other overhead costs..
Why… with our c/o the cash is not gonna go 1:1 with board… it might the first advance but lots of grain needs moved for cash flow.. and pipe line will be filled.. even if if it stays stdy its still better but you reap the advance by no margin $ involved…..key to decision making is stored grain priced or un priced…but even h/k Storing a 10 carry hardly worth it..
And side note.. this is why n/c sales are made in april-may… not summer buys to pump to record highs (9) and fail. | |
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When should you be selling corn? Historical highs
