Posted 7/6/2016 17:20 (#5395599 - in reply to #5395566) Subject: RE: Storing 2015 & 2016 corn into 2017.
A whole $3.50? CME December closed at $3.48 and the basis in central Iowa is 46 cents making their October price a whole $3.02. I'm glad I sold ahead averaging $3.745 for 157 bushels per acre. Cash for July delivery is $2.97. If its 50 cents higher there, it might pay for hauling from here but I don't have any storage.
Storing 2015 & 2016 corn into 2017.
