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Wheat basis improvement
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JonSCKs
Posted 6/3/2017 05:31 (#6051322 - in reply to #6050889)
Subject: TMA's new Terminal in Sumner County is 0.45


TMA's new 7 myn bushel terminal in Milan is bidding 0.45 under right now..  

( http://tmagrain.com/markets/localbids?address=1063+W+10th+Ave%2C+Milan%2C+KS&name=Sumner%20County%20Terminal )

Seems like that is putting a little firmness in the whole bid structure here in SC Kansas.

There's been some consolidation at the country elevator level which appears to lead to softness in bids..??

Main problem was that last year's crop was pretty low in protein.. this year's isn't looking much better..??

Wheat is cheaper than corn out west.. wonder why we are not feeding more..??

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