w1891 - 12/5/2025 08:48
Anyone setting nearby basis on un priced physical bushels and spreading futures on those bushels at this value? If someone is bullish longer term futures this spread along with many seeing some basis push due to calendar and weather doesn’t feel like the worst idea for both cash flow and logistics. This was the same timeframe last year that the spread narrowed to its tightest point point.
30 over Mar for Dec delivery STL area E plant. |