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Why a Basis?
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GrainTrader
Posted
11/12/2018 11:36 (#7101092 - in reply to #7100853)
Subject:
RE: Why a Basis?
20 Miles West of Indianapolis Indiana
Because they can. If CBOT is $4.00 and local elevator basis is -.30 ethanol plant can probably buy all the corn they want at -.20.
On 10,000,000 bushels why would they give up more then they need?
Why a Basis?
-
Farmboy04
: 11/12/2018 08:56
RE: Why a Basis?
-
JUST LEARNING
: 11/12/2018 08:58
ALL Markets are local.. basis is just the difference between them.
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JonSCKs
: 11/12/2018 09:31
RE: Why a Basis?
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GrainTrader
: 11/12/2018 11:36
RE: Why a Basis?
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jd8850
: 11/12/2018 12:45
RE: Why a Basis?
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mennoboy
: 11/12/2018 14:05
RE: Why a Basis?
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milofarmer1
: 11/12/2018 20:17
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Why a Basis?
