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corn buying from a feeder standpoint
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buckeyefarmer
Posted 11/3/2014 05:24 (#4157973 - in reply to #4157902)
Subject: RE: corn buying from a feeder standpoint


nw oh
Best one here is $0.17 over their board spot and $0.21 for pricing out a few months. The local big coop, who we are shareholders in, want $0.40 over there board. It really pisses me off everytime I think about. Needless to say I go to the other place.

I tried buying some from a neighbor early December of 2012 $0.18 over coop's board. They said no because they thought it was going higher (its been down every since). Remember you both have different goals. You are trying to sell high and they are trying to sell low.

I assume big feedlots out west would probably be able to offer free dp or forward contracts.
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