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Advisor

Re: Floor Talk February 15

Cx1. What do you see really going on? I am impressed that gains held going into a long weekend. Normally there is a sell off to take some risk off the table.
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Honored Advisor

Re: Floor Talk February 15

BK; I thing the last week and a half we had that "sell off" .

 

What is basis doing down your way? We are @ +25 on corn here.

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Advisor

Re: Floor Talk February 15

I am no sure what it right now, but has been really good. Last time I checked was January and it was .80 plus.
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Veteran Advisor

Re: Floor Talk February 15

sorry, i don't usually stutterSmiley Wink

 

bkadds, is that + 80 cents for beans, not corn, correct?

 

DITTO what hobby said re: selloff.

 

..............Picture a big rubber band that's theoretically Unbreakable-- wrapped around Cash and prompt Futures ----it can only be stretched so far, utimately, Cash really is King!

 

from physical, SA crop not gettin' any larger....see Argentina thread/maps. thanks

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Honored Advisor

Re: Floor Talk February 15

cx1: CORN

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Veteran Advisor

Re: Floor Talk February 15

R U Bleepin kidding?............ +80 CORN physical???

 

WOW

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Senior Contributor

Re: Floor Talk February 15

+37 here in Dayton

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Highlighted
Advisor

Re: Floor Talk February 15

Yeup that is corn.
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Veteran Advisor

Re: Floor Talk February 15

bkadds,

 

do you remember the last time (mktg yr)  your basis was +80 or better?

 

thx,

 

c-x-1

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Highlighted
Advisor

Re: Floor Talk February 15

Never to my knowledge, thus I hold onto the grain! Kinda explains why there is so much corn grown here and why our water table is falling. Peak corn in the TX Panhandle is here.
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