Cash strategist 6-30-21
Author
Published
6/28/2021
Now that planting has concluded across the United States, we are again seeing more interest in country movement of old crop bushels.
Sales of farm-stored bushels have been slow all marketing year, which isn't surprising given the volume that was sold right at harvest last fall. This is especially the case for soybeans, where thoughts are only 5% to 10% of old crop bushels remain in farm storage.
The farm-stored corn inventory isn't estimated to be much higher, with most believing it is less than 20% of last year’s...
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