AgTalk Home
AgTalk Home
Search Forums | Classifieds | Skins | Language
You are logged in as a guest. ( logon | register )

Bloomberg on resuming China trade
View previous thread :: View next thread
   Forums List -> Market TalkMessage format
 
Grhog
Posted 12/9/2018 07:42 (#7158903 - in reply to #7158775)
Subject: RE:you need to scrap those grain bins


Se wisc.
What are you using for inbound moisture content.? When is 1000x 6.9 = 69? Here shrink is 1.5. Actual 1.15. Difference of .35.
Under your scenario you are only getting docked 30 bushel a load for 20% corn. Better check your math again.
Here 20% corn on 50000# is 4000# lb shrink at elevator. Actual at home is 2800#. 1200# extra shrink per load . That's 20 bushel extra per load. At 4.00 corn that is $80.00 a load. $80of 90 loads is $7200.

Things get way out of hand ar 25% or 30% or worse as in 2009.

Edited by Grhog 12/9/2018 08:54
Top of the page Bottom of the page


Jump to forum :
Search this forum
Printer friendly version
E-mail a link to this thread

(Delete cookies)