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| Where do you think corn basis will head if we get a blow off top in the july corn to ration demand. I have basis locked in the July on about 20% of my 2010 and about 75% dp'd or still in the bin. Would have to roll the basis contracts ahead before first notice day, if not priced. If July does make a blowoff run to ration demand,will it tank the basis? Do these types of runs typically end before first notice day, or do they push till shortly before contract expiration? Can,t do a thing about basis I fixed to early but don't want to mess up on the rest of my bushels. TIA | |
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