Posted 5/15/2011 17:37 (#1776461 - in reply to #1776371) Subject: Re: markets tonight,cash corn is king here
Centre county Pennsylvania, USA
Local basis for #2 yellow corn delivered Aug 31 2011 was posted at +$1.20 on market close last Friday ( May 13, 2011).
That's only $8.02 delivered cash price, not enough to prompt any bin sweeping here yet. Local corn farmers are holding out for $9.00, or $4.00, whichever comes 1st :)