Formerly NE North Dakota, now NW MN | I mean, I haven't looked at it real close, so I don't know specific geographies, but I've seen a lot of guys in Canada talking about -1.50 to well over -2 basis.
Meanwhile western ND and MT basis is exploding right now. Guessing you could find a 0 bid somewhere in western ND.
I don't know specifically where, but there's got to be places where you could buy the grain off Canadian elevators and haul it into ND and print money on the deal. |