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is the elevator telling us something?
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mn_feeder
Posted 12/6/2018 17:58 (#7153698 - in reply to #7153614)
Subject: RE: is the elevator telling us something?


MN
Tells you they probably aren’t full and are willing to give up a bit of the carry to get bushels rather than pushing the basis any further.

They also may have sold a good basis and want to replace those bushels with farmer dp thinking the basis will soften by March or after March won’t appreciate more than the 4cents/mo service fee after.

And, they want to make you price by Aug 31st because they want to be cleared out for new bushels.
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