Journal

11/14


Last night was the fourth time we were snowed out from combining. That doesn't happen very often especially in November! It feels like we have already had a month of winter.  Harvest has really dragged on as we started 50 days ago. We are down to 4-5 days of harvest and a little more than that of tillage. We had a productive week last week. There has been some anhydrous put on but not much. The fortunate part of the late fall is how well the corn has stood. When you drive over east there is still a lot of fields of soybeans. 


It will be interesting to see if the price of corn continues to decline. We have lost about 30 cents from the fall highs. The weird part is how good the basis levels are. If there is such a big carrovery and crop when is the end user having such a hard time sourcing the product? 


Have a good rest of the week!


Thanks, 


- Dustin 












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