Formerly NE North Dakota, now NW MN | Yeah, it's quite a bit different scenario than I originally envisioned. I thought most the pressure was probably coming from mills who were finally getting rail and were sick of looking at empty cans. Figured they would soften the basis and buy the front month, see if they couldn't shake some grain out of the system.
Now it kinda looks, if it really is export business pushing things, like we'll be basis neutral or maybe even positive for a bit. |