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Eastern Iowa | The SK/SN is weakening & the SN/SX is strengthening? Why is basis as a whole(across the nation) weaker this year vs. last year?
I think there is a major game being played behind the scenes with our exporters & China.
I believe(?) we are the only country that reports weekly sales. We don't know how much or how little is being sold out of S.A.
I'm concerned their sales are slowing & will provide competition with our new beans this fall.
Hopefully the funds can drive old beans to $16.00 & drag new beans to $13.00 and I'll plant the whole farm to beans. | |
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Spreads that make you go huh?
