Death comes to us all. Life's but a walking shadow | Should some of those numbers be (+) instead of (-)? Like shouldn't the - 1.01 in the Carolina's be + 1.01 or is the presence of imported corn depressed basis there as well. If that -1.01 is real then this means that those three boatloads of corn cost $3.60-ish minus $1 (or $2.60-ish) to land in Wilington. Assuming a $1/ bushel ocean freight then it was $1.60 on the wharf in South America. Nobody can compete with that. Might just as well give up.
Edited by 1234 11/28/2015 07:11
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