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EC Indiana | Here in EC Indiana we have 4 ethanol plants within 70 miles and a lot of livestock in EC Indiana and WC Ohio that needs to be fed and a very poor crop in a large part of the region. We are seeing +.30 to +.40 basis right now and some places willing to go ahead with +40 to +50 range out in July of next year if you shop around. Does anyone know what rail freight rates are to EC Indiana? I am trying to determine what summer basis to pull the trigger and what one might expect in our area. If anyone has anything insightful on our local basis that they care to share, thanks in advance. | |
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Understanding rail rates and impacts on basis
