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Basis narrowing.
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Dan Loehr
Posted 10/14/2020 05:13 (#8545124 - in reply to #8544571)
Subject: RE: Basis narrowing.

Holland, Indiana (SW IN)
johnny skeptical - 10/13/2020 19:02

You forward contracting for feb.?

Charts look positive (to me) Hope corn goes up
BUT I like +25 basis and like $4 march = $4.25
Greed is a bad place to be mentally when marketing
Have almost no powder dry with the 2020 crop and I am very happy
We talked about hauling the last 10 loads just to make it easy but $3300 to hold till Feb is a gift IMO
AND it's 18.5 % moisture so should add at least another 10 cents blending it out -it's cold at night it'll keep-- we flat contracted it

Concentrate on 2021


Edited by Dan Loehr 10/14/2020 05:29
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