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Ontario's middle east | I'm not going to deny the fact that the old crop bean bulls have a firm grasp of the reins. I also acknowledge supply feels very tight in most areas. The one thing I'm having a tough time reconciling is the K/N spread. Supply is suppose to be tighter than last year. Last year that spread was soaring ( we want beans right now) on a freight train to 110. Now we are suppose to be almost out and this spread looks like it wants to go back to flat........why is that? Has the rationing got done? IDK but if you ask me, one of these things ain't like the other.
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Spreads that make you go huh?
