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Commercial stored beans.
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butch2
Posted 4/10/2021 11:26 (#8943679)
Subject: Commercial stored beans.


Got a few left in town. Didn't mind paying storage cost when we would go up 10 to 20 cents every week. Now the question is do I continue to hold thinking basis is going to strengthen or that the futures will have a typical summer weather rally? Starting to think just sell them and call it good so I can focus on new crop then I think well I have held them this long let's see what happens . Hog guys have no reason to cut back on meal use although some say that a lot of rally came from the soy oil side competing with palm oil. So is that part over with?
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