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Basis Cliff
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magg144
Posted 8/15/2013 18:18 (#3269699 - in reply to #3269176)
Subject: Re: Basis Cliff


east central iowa
our local coop website has posted: PLEASE PAY CLOSE ATTENTION TO DELIVERY DATES ON ALL CONTRACTS. DISCOUNTS WILL BE ASSESSED FOR LATE DELIVERY. how many have september contracted corn and beans that won't be harvested in our area this year???? it is middle of august and they are already posting this so that tells me there are a lot of early contracted bushels. that will be the biggest story this fall imho. hope it ends up a basis play and not futures so we can have a low harvest price for our ra policies.
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