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If you could only???
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MD GenX
Posted 11/22/2022 20:20 (#9945304 - in reply to #9945281)
Subject: RE: If you could only???


Eastern Shore of MD
Corn here. It is totally capturing the change in basis.

This year corn harvest delivery -$.05. Could get +$.70 in late summer for JFM delivery, so about a $.75 positive basis swing for storage.

Soybeans - -$.75 basis at harvest to a -$.45 for JFM, so you only pick up $.30 for storage.

You can tell we are in a corn deficit area with the basis.

That is here....your mileage will vary depending on location.

Edited by MD GenX 11/22/2022 20:22
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