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overlooking Keg creek | 2016 local bids to Council Bluffs
delivery price basis futures
May 16 3.85 -0.23 4.0825
Jun 16 3.85 -0.23 4.0825
Jul 16 3.89 -0.19 4.0825
Aug 16 2.79 -0.37 3.1550
FH Sep 16 2.80 -0.36 3.1550
LH Sep 2.81 -0.35 3.1550
2017 bids
May 3.45 -0.26 3.7125
Jun 3.44 -0.27 3.7125
Jul 3.45 -0.26 3.7125
Just checking thru bids from a year ago. Caught my attention the dramatic drop. I think that was a late Aug time frame and likely a low for the season. It rallied to get over 3.00 a few days later.
Bill S
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sobering reminder of last years corn market CB IA
