Getting ugly in the Chicago grains house JR. We've been lucky at the farm gate til now. Basis still bloody strong and dollar weakening significantly too. Smart boys should have everything sold now. Dummies buying 'the world has gotta eat' mantra will get closer with their bank manager in the coming year if they carry the wrong grains.
Reckon we are going to see the whole complex plumb the zone of negative producer returns. Why? Because that's what these bankers seem intent on enforcing on the real wealth generating industries world over.
Your time is coming to go long no doubt but not before the bankers bring farmers to their knees if they are unlucky to have average seasons. You need to book above average yields to beat this rout. Unfortunately that is mostly out of our hands.
