AgTalk Home
AgTalk Home
Search Forums | Classifieds (121) | Skins | Language
You are logged in as a guest. ( logon | register )

What’s the implications if 90% of beans delivered to local coop were sold off the combine?
View previous thread :: View next thread
   Forums List -> Market TalkMessage format
 
allis7040
Posted 10/27/2020 18:03 (#8570034 - in reply to #8569902)
Subject: RE: What’s the implications if 90% of beans delivered to local coop were sold off the combine?


Tama iowa
The deals being made will be processors will pay basis appreciation plus a carry charge since the market is inverted. A big part of coops making money on basis is there is carry in the market. Since there is no carry and the majority of physical beans are owned by storage companies the deals to carry the supply of beans for the processor are probably already made. I do not know if the basis offered to the farmer will be worth it to risk the inversion. I guess I'm one of the farmers that will find out.
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)