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Basis bid going into summer
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CRJ
Posted 12/31/2016 12:45 (#5734347 - in reply to #5734032)
Subject: RE: Basis bid going into summer


NEIN
Yes you are dreaming baring some huge event. Basis has a direct correlation to actual supply and with all these bins that have been built there is very little carry let alone much hope for corn basis improvement. I don't feel sorry for all these guys that built bins being told it was a no brainer. It is when there is substantial carry and you lock it in, but counting on basis to save you in big supply times is no plan.
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