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Looks to Me Like
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Mlebrun
Posted 2/4/2008 09:15 (#300668 - in reply to #300614)
Subject: Re: Looks to Me Like


SW MN and Gold Canyon AZ
I was looking at local cash bids this morning for soybeans. $1.05 basis. Thinking about selling the carry (.53 )for june delivery using the july and doing a HTA @ the double top. I'm hoping the basis narrows in half and the carry is a nice storage income.
SC what do you see for basis levels for soybeans going into spring , summer??Normal is .40 not this $1.00 stuff going on now.
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