Posted 3/31/2020 07:20 (#8153076 - in reply to #8152833) Subject: RE: My trades long cattle and crude
joeatdawn - 3/30/2020 23:58
I call BS on this analysis that the Russians are profitable on $20
It's not on our soil for that $20 and a profit in their pocket. Guaranteed. It doesn't matter what their profit is when it's in a tank at their pumping station.
Breakeven for corn out of the field for me is 4.10. If I sell it for 4.15 but have to pay .11 to get it to market I didn't make money.
My trades long cattle and crude
