I paid $7.50/50# in Edna yesterday.
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Corn prices!!! Going to get better.....
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Corn futurs will start dropping once the 2013 crops start coming in or they won't have room for the corps. It really depends on what your willing to pay for corn Flakes, also why don't groups of you get together and buy a ton of it direct from the elevator, thats where you should get a break.If you think your going to see a big drop at the store for a few bags not going to happen too many hands in the pot. Buy it by Volume and you should get a better pricing. Remember these guys sell by bushel Truck,train loads not 50# bags
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I think we need to get a few groups together and go buy a few tons and split it up, it would be worth a 50 mile drive to meet and divide it up. Buying it from retailers is going to vary by what they want to make off it. Also it is just about time to start picking, could go right out to the field and ask farmer to fill up your truck or 30 gal cans for some cash in hand...Never Know
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Originally posted by stevieray54 View PostIf you think your going to see a big drop at the store for a few bags not going to happen too many hands in the pot.
It went as high as $11 a bag last year in my area and now at the same places it is $7.50 a bag. A 32% savings is enough that I would call it a big drop.
Never thought I would be happy to find corn for $7.50 a bag. It seems like just yesterday that we were complaining about it going from $2.50 up to $3.00 a bag.
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Originally posted by stevieray54 View PostIf you think your going to see a big drop at the store for a few bags not going to happen too many hands in the pot.
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Originally posted by Maxxisman View PostHeck I live in el campo and I had no idea that nine point had those prices! Thanks for the info!
Smart is right. The "middle easterners" at the corner store will have 2 choices. Drop thier price or eat it. Personally I hope they have to eat it.
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Originally posted by ttaxidermy View PostForecasting harvest record of 13.95 billion bushels(60#'s of loose corn)
Inventory from last year=792 million bushels
Current trading contract for Sept.13 $4.70 a bushel
Trading forecast for Dec.13 $4.56 a bushel
Trading forecast down to. $4.25 a bushel
Nine point grain in El Campo is $7.50 a bag if you buy a ton as we speak.
There corn is clean. I buy from them.
Come on with it!!!!!!
Yes, the market made a huge circle, just like markets do.
Good news for all of us.
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