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Buxton ND | HISTORY
Futures up/basis down
Big crop/wide poor basis
Big carry over/poor basis
Big piles/poor basis
Bigger piles poorer basis for longer.
High freight costs/poor basis
Old school markets and there are decades of history behind. This is why this is I've been pushing "Bid My Basis" game for a few months. Very blunt, for the love of God why do producers fight decades of history ? ? ?
Wanna play bid my basis now ? Better think spring/summer or the grain buyers will grab his big pruned shears and clip your nut sack right clean off.
SE corn belt, far east corn belt your better off here, but the end users started playing the game to source your corn yesterday. | |
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Basis
