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Anyone pulling the plug on corn and beans before Thurs
Just toying with making some sales before Thursday and then again maybe not. Too cold , too early
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Re: Anyone pulling the plug on corn and beans before Thurs
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Re: Anyone pulling the plug on corn and beans before Thurs
Corn on a +75 basis contract.
Bird in hand.
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Re: Anyone pulling the plug on corn and beans before Thurs
Not without a rally.
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Does anyone want to make some money?
I'm going short on this report on Thursday, so I recommend you go long. My rationale is that this report will bring us a big surprise. Everyone is thinking record size. I am going the obvious and bound to get killed.
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Re: Anyone pulling the plug on corn and beans before Thurs/Yes, 15,000bu sold 5 minutes ago
Yes, I sold a very small amount of corn (15,000bu) 5 minutes ago for $7.60. Not the $8 I got months ago, but I feel $7.60 is a good sale. Believe my sale was a good business practice before the report..
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Re: Anyone pulling the plug on corn and beans before Thurs/Yes, 15,000bu sold 5 minutes ago
rsw: Where did you sell at?
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Re: Anyone pulling the plug on corn and beans before Thurs/Yes, 15,000bu sold 5 minutes ago
Corn is only $7.00 here in Michigan,basis is -.25
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Re: corn and beans before Thurs/Yes, 15,000bu sold 5 minutes ago/Ethanol basis level
To a local elevator, right now they have the best basis level, better than one of the local ethanol plants, which is very odd. Below is the basis level for 1 ethanol plant, they really, really, dropped the levels from just last week as you can see below. Only 20 cents over Chicago, believe last week it was 40 cents over Chicago for April.
CORN BIDS FOR 3/25/2013
DELIVERY MONTH |
BASIS |
FLAT |
March, 2013 |
18 CK |
7.44 |
April, 2013 |
20 CK |
7.46 |
May, 2013 |
22 CK |
7.48 |
June, 2013 |
36 CN |
7.45 |
July, 2013 |
28 CN |
7.37 |
October, 2013 |
-32 CZ |
5.33 |
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Re: Anyone pulling the plug on corn and beans before Thurs/Yes, 15,000bu sold 5 minutes ago
7.01 here in northeast sd. -.28 basis