corn prices 40 and 50lb

[justin_h635]

Maybe it is aflatoxin infested and they paid pennies for it?

 

[WillR]

If you think that is a good deal here's another one. Take the truck and fill it up and wait. The price might fluctuate much more than a quater in a day, or between the open and close. And that way you don't have to pay a broker the contract fee.

 

[WillR]

The difference is in the basis.

 

[drwarner]

Man I miss $3 a bag.

 

[justin_h635]

Here is this weeks Oklahoma grain elevator cash BIDS for corn as of 2:00pm today as reported by the USDA.

Ponca City 7.00, Manchester, Medford 7.01, Keyes 7.81, Hooker 7.83, Gulf 8.10.

 

[dennishoddy]

Here is this weeks Oklahoma grain elevator cash BIDS for corn as of 2:00pm today as reported by the USDA.

Ponca City 7.00, Manchester, Medford 7.01, Keyes 7.81, Hooker 7.83, Gulf 8.10.

Thats prices from the field.
The elevator charges a buck more to sell it to a hunter, or whoever wants to buy it.

At least that is what they told me.

I bought a couple of ton for $8.11 per bushel a couple of weeks ago according to my receipt.

 

[justin_h635]

Yes that is their BID or price to buy across the scales.

 

[dennishoddy]

Yup...