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Buxton ND | How many times have we heard the words at marketing meeting "Reward a strong basis"
Maize would say take a couple off the plate when its pasted, does not mean to take cookies off the basis plate and the futures plate at the SAME TIME. There's also "the carry plate" at times those are BIG COOKIES.
"The other hot spot on DTN's basis map is the Indiana/Ohio state line..."
IMO this is a re-make of 2012, location may very and we learned what happens when producers lock the bins TO TIGHT.
BTW when the drought was in high gear, there was some wildly high basis's to be locked in***** Again Maize and his plates of cookies ! ! ! ! ! | |
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Corn basis firming fast..
