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Some frivolous speculation
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CMN
Posted 9/10/2015 19:10 (#4781970 - in reply to #4781880)
Subject: RE: Some frivolous speculation


West of Mpls MN about 50 miles on Hwy 12
Corn basis, Port Savage MN

-.48 Oct bid Consolidated Grain and Barge

-.42 Oct bid Cargill....-.39 for Nov and Dec...-.26 river opening

-.45 Oct bid CHS...-.26 for river opening

Let the basis games begin. Unless things change it looks like my bins are going to pay for themselves again this coming marketing year. Might hold out for a + basis next spring/summer, we'll see how things go. Haven't enjoyed a + basis around here since 2012/13. There was a time in the not so distant past we enjoyed a + basis almost every spring/summer.
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