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Even spring wheat looks.....springy
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khall_12_34
Posted 8/15/2013 12:10 (#3269217)
Subject: Even spring wheat looks.....springy


Formerly NE North Dakota, now NW MN
U/Z spread has really tightened. I can't seem to find a chart on it, but IIRC it was like an 8 c spread a few days ago, now it's almost under 3. Granted Z/h4 has widened a bit, but it's making me think someone's starting to wonder how much will be available end of '13.

Peter- What say you? Decent sign for HRSW basis? Know it's outa your geographical region, but you have a pretty good bead on spreads and basis.
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