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Old crop corn
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IN555
Posted 3/29/2020 21:28 (#8150452 - in reply to #8150127)
Subject: RE: Old crop corn


NW Indiana
Although I wouldn't sell either as I think the most bullish thing going will be getting the report out of the way I still throughout a contrarian view. If the current price is hurting ethanol so bad what would a 30-40 cent rally do? Finally had a good week of exports, what would a 30-40 cent rally do? We are likely to see intentions of a much larger acreage number than needed, what would a 30-40 cent rally do? Does the WASDE adjust demand a lot on the April report? Does basis wash any futures gain? Seems like trying to go up poop creek without a paddle.
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