Posted 10/19/2011 08:07 (#2010297) Subject: HRS Bids and Basis
SW MN
Most of the spring wheat bids are being given basis the March contract. I have never understood the logic of bidding off of a deferred month, as basis bids should be able to be adjusted accordingly to make up for large inverses (in this case). Can someone explain it to me??
HRS Bids and Basis
