Posted 4/27/2012 07:45 (#2355869 - in reply to #2355470) Subject: Re: Question regarding May/July spread.
WC IN
Yes, may corn deliveries will be rare. This will support old crop prices, probably already doing so. July will gain on dec. Cash corn will trade near $7 in .the eastern corn belt in order to get corn out of producers bins. Farmers are holding tight for $7 and likely to get it.