Posted 4/14/2011 20:11 (#1724430 - in reply to #1724191) Subject: Re: Old crop corn heading from the NW belt south??
NW Iowa
When considering basis as a function of the cost of handling and transportation, it could be argued that if/when corn does get shipped that direction, basis couldn't narrow because of the expense of that transfer.
What is the typical destination for corn originating in that region? Livestock and ethanol?