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| Today is October 13, and I am finishing my soybeans. A few for a neighbor after that but otherwise done. Few wheat beans have been cut and many late planted beans yet to come in. Gulf export terminals are FULL. Cargill and Zen-Noh are taking only contracted grain and if a share needs to go with it they will take $1 off. I am 100 mi from the gulf and we are truck by truck onto barge. If this is any indication of what is headed up river, your guys better start finding some bin space especially if the weather turns sour.
No damage over 8%, mosture under 14%, NO exceptions, and this is all three. Cargill @ Baton Rouge, Zen-Noh, and Bunge. Personally, I see no short term relief in sight other than a slow finish. | |
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