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Basis update nodak style
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vailcat
Posted 3/3/2014 12:15 (#3729826 - in reply to #3728820)
Subject: RE: Basis update nodak style


NCND
Well basis is back to -35 on old wheat this morning. New crop corn at ethanol plant dropped another 5 cents to -50. -40 was a good number I thought last week. Maybe bought bushels for early harvest or just with all the war drums taking extra protection.

At this point watching markets today it's very safe to say nobody knows what's going to happen
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