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Soybean Supply - Crushers Must Know Something
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Kooiker
Posted 11/20/2012 08:17 (#2707271 - in reply to #2706975)
Subject: RE: Soybean Supply - Crushers Must Know Something



MWASNick - 11/19/2012 22:37 Due to the inversion in the soybean futures market, its not easy to secure physical beans for delivery in those deferred months

 

I believe this is the correct answer.

 

The bean processors "here" had bids for contracting summer 13 meal.     The problem was that they wanted $100 over the board to protect themselves.

Also you'd have to read the fine print but I wouldn't count on that contract getting you meal if there isn't any beans to be found.

 

 

The incentive was in place to take delivery of meal this fall if you had storage to put it in.

 

 

 

 

 

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