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68340 | They expect to have a plant running near us ready to take 2008 corn. I do not know when in 2008 or early 2009.
They will use 50 to 55,000 bu per day. That will suck in corn from a great radius to fulfill their needs.
What does that do to the basis?
Currently the best basis offered is as follows for corn.
August -.12
October -.38
December -.25
March -.21
I am just trying to understand or decide how much to hold, how much to market with my current elevator, ect. or to just wait with marketing. | |
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New ethonal plant to open near us. How will this change our basis?
