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Corn Basis
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M & G
Posted 10/3/2017 22:41 (#6286149)
Subject: Corn Basis



Currently, basis for fall is -65Z. June delivery is -35N. Typically can count on it getting to -25N at some point, but I believe -30 was the best it got this past year. I will be storing all of my 2017 crop, and wouldn't typically lock in the basis this time of year, but due to the large amount of old crop corn being carried over in my area, and a big crop coming in, my gut tells me this may be as good as it gets. Thoughts?
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