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Reaping the windfall
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redoak
Posted 1/13/2021 05:15 (#8746994 - in reply to #8746984)
Subject: RE: Reaping the windfall


extreme sw ,Ontario
Hi Ron , hope all is well there.......

What you have posted is exactly right for a very large % of the 2020 crop as what was not contracted prior to harvest (on beans) was mostly sold when beans rallied a $1......

Its like the early '70's Russian Grain robbery market or the 2008 wheat market, unheard of record prices but nothing to sell.....And it will adjust as ethanol/livestock guys will scale back demand if they cannot make a profit
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