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Kansas | I checked my local coop boards posted price of wheat last nite.
$6.53 a bushel with a 68 cent basis.
This mornings posted prices for wheat.
$6.61 a bushel with an .80 cent basis.
Whatsamatter with these elevators? I know they took in alot of contract wheat that they paid less than 5 bucks for. If they have any ownership left in this wheat at all they are sitting on a gold mine. Did diesel fuel make a jump last nite? Truck rates go up?
Corn and bean posted price hasn't moved. This is as of 10 am | |
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Did your elevator Raise it's basis this morning?
