Posted 1/22/2016 09:38 (#5055157 - in reply to #5054899) Subject: RE: Just a theory
NC Iowa
I think the opposite on basis. The rally a couple days ago contracted enough bushels to punish the basis at one location. Any rally and farmers are selling, too big of crop around here and farmers don't want to get burned on basis like last year. I locked in basis on remaining bushels.