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A case in favor of storage
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Markwright
Posted 9/3/2010 16:10 (#1345293 - in reply to #1345265)
Subject: RE:Not greedy, hopefully realistic


New Mexico
seems like a guy needs OUT of 60 to 70% of the new crop ...and the $4 to $4.55 Net Cash is decent dough.

I think the upcoming say 30 to 45 day Window is likely the Cash High time frame price for Corn for perhaps another year...maybe another 5 years too ( never know ).

Matter of fact towards $4.35 to $4.55 Net Cash...seems like someone else needs to store that last 30 to 40% too.

The $4.35 to $4.55 Net Cash Index levels would indicate this market has moved approx 50% Net UP this year.

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