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My area is going to grow a big crop. Would you be locking basis in now on new crop?
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catsrush
Posted 8/23/2016 06:11 (#5484910 - in reply to #5484849)
Subject: "This is a short term storage squeeze"



Wcks
Jon, this basis erosion has gone on now for more than a year and I'm not sure we have reached the summit of this hill yet. There is the possibility that we will begin a stretch of good consistent crops up and down the high plains that hasn't been seen for a decade or two. That said, I too look for basis improvement but not sure if that isnt just blind hope on my part.
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