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Deliveries on the U
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LongKC
Posted 8/28/2014 22:47 (#4044209 - in reply to #4044053)
Subject: RE: Deliveries on the U


Middle Tennessee
Rod...thanks for the info! I am a little confused about what you are implying for the spreads and basis (I feel like I'm talking to Maizeing). You imply a soft export market, expensive freight, and storage costs point to the spread widening from 10 cents. Would that not be an inopportune time to go long the basis?
EDIT: I think I get what you are saying, commercials had already gone long the basis, now they are delivering.

Edited by LongKC 8/28/2014 22:57
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