Posted 1/13/2017 12:03 (#5765069 - in reply to #5765006) Subject: RE: *****WARNING*****
NCND
I see adm moved to K yesterday. Basis went from -70 to -65.
I have some March hats I think I'll fix by end of day because if my elevator rolls I'll end up -6 haircut.
KORN you care to elaborate what that freight tariff will do to basis and if anything futures?
The spreads have gone from +60+ Last summer to -16 as of right now. Unreal move.