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SC Iowa | harvest is creeping north.....still some non-US corn coming into coastal regions and that, along with local truck, is thinning out demand from northern sources.....
as harvest progresses north, the sellers will look around and see that their best sale is someone "farther north" in the chain, and then it will become a matter of how quickly the available supply exceeds local demand......
over the last two weeks, I describe basis as a series of "lower highs and lower lows"
peaked at +190/200U and now at +135/155u
and people continue to hold old crop corn....
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Hey Jon....corn for feed usage...
