| BobC - 1/19/2017 20:09
You asked: "How would a grain merchandiser have any more info to what the 2016 South American crop was gonna make 2 months before you and I?
Are there grain merchandisers that already know what the 2017 SA crop is gonna make?"
I said: "They are physically in many thousands of fields globally."
Get a feel for the crop, mix in transportation, demand, carryout, and you've got yourself a good feel for basis movement.
I guess I have an idea what you are trying to relate, but can you interpret to a simple mind? |