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Flirting with $5.00 corn already...
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JonSCKs
Posted 10/14/2013 19:36 (#3383561)
Subject: Flirting with $5.00 corn already...


"moving on up.."

There's still a chunk of Iowa that has not caved yet.. I'm sure it's only a matter of time.. but out west..

Columbus Nebr is bidding $4.77 tonight.. and out in the Panhandles.. Optima is pushing $4.87.  Monett Mo is at $4.72 and even Blair is $4.62 as are Perryton Equity Exchange's elevators in SW Ks and the panhandles.. $4.62 across the spectrum.


Bean basis popped a bit here today.. up a dime.


Rumors AGAIN circulate that China bought beans today...  confirmed another couple boats of sorghum.. etc..


Weather station says we got 0.13" here so far.. got another shot tonight if the line holds together..  "fingers crossed."


".. only a matter of time."  Merchandisers are shopping for bushels..  Farmer is 40% sold.. 15+% shipped..  "roll'in roll'in roll'in.."


Hedgie... rebuttal... ??               


  

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