Kooiker - 9/27/2016 20:16
Big Ben - 9/27/2016 21:57
peterbilt379 - 9/27/2016 19:11 I got 3.92 a bushel which is still high
It's not high when you normally have a dollar of basis, and that is for the corn delivered in.
$140/ton for wet corn is higher than $3.92
How high depends on the moisture content but
if it was for 30% corn its closer to $4.75/bu of #2 corn
Even 25% corn would be about $4.44 adjusted to 15%
Sounds pretty high to me.