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Basis on new crop corn...
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frytownfarmer
Posted 3/25/2015 12:39 (#4476179)
Subject: Basis on new crop corn...



Frytown, Iowa
What's going to get it to narrow more... It narrowed up a few cents lately and is within a few cents of last year... Is now a good time to lock in basis?

I have no bins. They are bidding for my corn verse after harvest when elevators would have mine stored... Seems cash price is always 10 cents less once they have your corn in their bin...

Historically it's not a bad basis for our area...
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