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Buxton ND | Feeder
Farmer B and the Co-op are playing the RMA game....Co-op does not want the sugar,,,the producer is happy with the very high RMA per ton and no harvest expense.
Hall I just said "water" Bong didn't I ? ? ? Ha Ha
"Unions" still have ALOT of power on Capital Hill.................
Your comment
"To be honest, it's my feeling that management saw the sugar glut coming"
BINGO,,,Its my "feeling" management saw or at least should have seen (I would guess they watch sugar futures charts) ((If they dont they should be fired))...........They should not have dug ALL that record crop in 2012 (caused troubles with sugar quality) and CUT acres to 70% THIS YEAR CROP. Sugar prices had been in a free fall for 22 months til late summer, a little counter trend rally but now look to re-test there lows again.
I'd guess the big Holiday Inn meeting in Fargo ND will a tad on the hot tempered side !!!!!!!!!!!!!
SHHHHHHH I'll be that little mouse in the NW corner close to the food and the "Pool Bar"
On that large offer for 1k,,,,,think I may have an idea where it comes from ! ! !
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Sugar Round 2
