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corn basis
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Maizeing
Posted 7/25/2013 15:44 (#3228872 - in reply to #3228832)
Subject: Lets think about it cool and calmly.....


Ontario's middle east
Heres how I laid it on the line to my guys today( ON basis hasn't crashed but it will) and bought lots of corn.We were bidding + 90U or +118Z at the time, our new crop board is -70 Z or 188 less, OH just cut a $1 a bushel on basis and I asked again, how long you gonna hold that grenade with no pin? No matter how bad this p!$$es you off you still need to make the right decision.
So what is plan B? I guarantee you there are resellers out there so short that they can do pullups on a staple. They are VERY happy tonight BUT they still need physical and yes it IS still tight. SO make it known what you will sell these guys physical for and the damage may not be as bad as you think. When they get comfortable the damage will be worse then you think possible........
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