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Basis cliff is still getting steeper
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roarintiger1
Posted 9/15/2014 12:59 (#4075705 - in reply to #4075692)
Subject: RE: Basis cliff is still getting steeper


NW Ohio
RayJenkins - 9/15/2014 12:53

I certainly agree that Sept 1 stocks at 130 very likely deserve some "attention"

but I will strongly disagree with those who say the stocks were non-existent on Sept 1

there are still old crop beans in most elevators right now

not many in any one place, but it adds up


"Most elevators" would mean more than 50 %.........I doubt it. Of course, I have nothing to back that up. But with the basis being what it is in many locations.......oh well, never mind.
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