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Here's what you needed Ray
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JonSCKs
Posted 1/28/2014 09:39 (#3642210 - in reply to #3642159)
Subject: I didn't think the commercials had the corn.. ??


I thought Ray J's plan was to buy from the puking farmers..??  In fact.. as I recall that was yours also... buy a cheaper basis as farmers puke..??


From the Dec Grain Stocks Commercial stocks were only up 600 myn bushels at 4,046 myn bushels vs 3,446 myn last year.  It was the FARMER that was supposed to have a bookoo inventory at 6,380 myn (assuming it's there..) vs 4,586 myn last year.. an increase of 1,794.. THREE TIMES the increase in commercial storage..

Meanwhile Demand is setting a record at 13,100 myn bushels vs last year's 11,111.. and that's before we add any more to exports... 200, 300, 400 myn bu more...???

And yet.. we have feedlots running on fumes.. and processors begging for grain.. see basis.. Offered +.55 yesterday.. "no thanks."  


At some point.. the market is gonna have to pay to bring it to market.. If the commercial doesn't have it.. I know someone who does... Although it's not as much as Dec 1st..  

"Hey buyer buyer.."      


Sat I'm not talking $.19 for storage.. I'm thinking more like $1.50... 



Edited by JonSCKs 1/28/2014 09:45
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