Posted 9/29/2015 14:47 (#4815014 - in reply to #4814986) Subject: RE: What is 400 million bushels of corn carryout worth??
Ontario's middle east
That spread is still paying 200% cost of carry. I will suggest the trade will be heavy buyers of that spread to lock in a good ownership structure and it won't widen much...... given the fact that the farmer wants to be a tight holder of corn, the spread is liable to come in IMHO