Charlie,
You shorted me on insight, especially on next year's Durum markets. But you did make a valid point of having supply and meeting global demand. I have a question. There are huge amounts of corn being unloaded in this area for local feeders, 50 cars at a time, keeping trucks running 24 hours a day. Rumors are that it could be Starlink, not sellable in the US. My question is, if it is coming from North Dakota, Iowa, and Illinois, what are the buyers paying for it, at the farmgate, considering what the cost of rail transport to get it here must be? How can 3.25/bu barley be out of range? Something smells here.
Rockpile
You shorted me on insight, especially on next year's Durum markets. But you did make a valid point of having supply and meeting global demand. I have a question. There are huge amounts of corn being unloaded in this area for local feeders, 50 cars at a time, keeping trucks running 24 hours a day. Rumors are that it could be Starlink, not sellable in the US. My question is, if it is coming from North Dakota, Iowa, and Illinois, what are the buyers paying for it, at the farmgate, considering what the cost of rail transport to get it here must be? How can 3.25/bu barley be out of range? Something smells here.
Rockpile
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