Last week we finished up our contracted bushels and committed another chunk of bushels to deliver before the end of the year. With Christmas and New Year’s falling in the middle of the week, we were pretty conservative on the quantity. I planned on running one truck three or four days a week, hauling two or three loads a day. (Our best market opportunities are an hour one way.)
Until this week lines were few and far between. Closures or reduced dump hours also were not common. This week, everything changed.
The ethanol plants we were hauling to are bumping on full and have reduced their hours dramatically. This started even before corn reached $4.50 futures on Wednesday. Of course, this happens right after we make this new commitment. Then, the accountant returns the 2024 estimates to me and I need to sell even more grain!
