Posted 2/1/2024 16:19 (#10603892 - in reply to #10603883) Subject: RE: Basis Slipping
SW Indiana
I've unfortunately got 35% of my beans left, basis kept pushing higher all winter, peaked about 2nd week of January. Merchandiser was saying they didn't have enough bought to cover crush needs, got as high as +.35. Just hard to believe they filled their short term needs in a down market. Must be lots of panic selling.
Basis Slipping
