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Market audio comments - China hungry for cheap grain?
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Just saying
Posted 3/5/2024 07:34 (#10652091 - in reply to #10652075)
Subject: RE: 70 million gallon ethanol plant coming back online.


N.W. Ohio
Where does most of your corn go Mbmaring? Our ethanol plant here is currently at -15. But we raised a big crop in Ohio and it’s gotta all move eventually regardless of basis. I know with any sort of substantial rally basis will likely get worse. But it’s hard to lock in a basis for future delivery when it’s so much below the norm as typically we’d be even to slightly positive by now.
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