Wheat basis

[farming101]

At the worst level for the whole marketing year now. Graincos kept all the exchange gains

[Kinger]

Seeing $6.50 + for new crop. Not a bad place to start for securing delivery.

[bucket]

Securing delivery ....thats funny....how about calling it securing excuses to store grain for them.

[wakopa]

Hmmm guess that's enough of this discussion

[Kinger]

If you have cash flow for Oct or Nov. Not a bad idea to sign what you need to pay it off in September. Not a guarantee but takes a lot stress outta the game.

Better than standing begging for a price a week before your bills are due.

[walterm]

If you have cash flow for Oct or Nov. Not a bad idea to sign what you need to pay it off in September. Not a guarantee but takes a lot stress outta the game.

Better than standing begging for a price a week before your bills are due.

Sounds like good plan except Ritz told them they wouldn't have to honor contract with penalties for 3 months after due date. Hope you can make same deal with creditors.

[sumdumguy]

Thank Ritz, you ditz.

[wakopa]

I wouldn't give advice on here kinger , it's like talking to the ----- at kelbys , they very smart but they get between 1dollar to 2 dollar less for there wheat then I do .

[wakopa]

It's like a few of the good advisers on here who had good advice but constantly got cut down and have left this forum ,

[Daylate]

It IS getting the feel of a local cancerous coffee shop. However. I am also dissapointed with the lack of leadership to get our grain to market. Everyone is hoping 2013 logistics never happen again. But the reality is, it's going to happen with more frequency, and many lost dollars will go to the wind before there's a real solution.