Posted 11/1/2009 09:59 (#909398 - in reply to #908577) Subject: Re: Wheat Price
West Kentucky
Biding was the problem I went into the fall with no intention of planting wheat for harvest. You just couldn't make the numbers work on SRWW.
Around here the have a game called basis on wheat so the price you can contract is no where near the price on the board.
Around here the basis is near $1.25. This is a Bernie Madoff type operation.