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Setting Basis
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neiowa
Posted 2/4/2014 13:26 (#3662021 - in reply to #3661694)
Subject: Re: Setting Basis


Not really using them for market selling information, just relaying what they told me and asking for onions on it. In the end a guy has always got to make his own decisions no matter if you use marketing services or whatever. I guess I tend to believe him on the basis as I have seen if many times and it seems $4.50 cash is moving enough corn to keep the end user operating, in this case its ADM Cedar Rapids. I also think there is quite a bit of grain that is going to start moving as soon as the weather around here straightens out some and guys can get to bins, don't mind getting trucks out or loading them in 0° weather.

Also, IALTO I'm not sure if you're referring to me or not but I am not pissing and moaning about the basis, just considering some options to take advantage of the basis I have available.



Edited by neiowa 2/4/2014 16:25
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