Ray what type of discounts are your for wet corn now...........you mentioned below that you took up to 26%.........and how basis had crashed about 70 cents
but how much are you giving back in discounts..............i read a very good RJO article today that indicated if one was taking 25% with no discount no shrink it would be equal to about a buck a bushel
even normal drying at 10 points for 25 to 15 mt is going to normally be 30 to 50 cents a bushel..........maybe more at some places????
i guess the question RJO guy had was basis actually that much softer..........
i think it is in certain areas but the fact that guys are willing to waive certain charges shows how tight things are
Edited by jeremeyfrost 9/10/2013 17:34
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