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| Hedge, I am under no delusions that the cash corn market in the midwest isn't on borrowed time. The timeframe for the cliff is further out than many end users have led some to believe. There will be premiums (not anywhere this size) in the midwest until 50% of the beans have been cut. (early-mid Oct).
****Edit. Pretty sure you were one of the chorus that thought the basis cliff was upon us when the "biggies" tried the false crater in posted bids 3 or 4 weeks ago so.....
Edited by Bengal Stripes 8/22/2013 14:02
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Old Corn
