Posted 4/8/2021 08:49 (#8939468) Subject: backwardation in grains
dogs nest ontario
I assume that is what it is.
I don't pay that much attention,
but is it normal for corn and beans to be progressively cheaper as the summer winds down?
I get it that the market has essentially zero weather risk in it,
and that SA production will steadily come to market.
The spreads dont appear to narrow.