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Basis frustration.
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gbenkfarm
Posted 6/7/2017 07:16 (#6058533)
Subject: Basis frustration.



SeMN
Sometimes I have trouble understanding how the basis gets wider when futures price go up. We ship primarily to Winona MN, and now corn is -41 , with beans -31 , you would think market price should not effect basis. So yesterday prices went up on the board, but cash prices actually went down here in the end.
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