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Ontario's middle east | Every time I look at a position that involves the basis not following the spreads I reach over in the corner and pick up a yard stick Mr White, my teacher, gave me and crack my self in the head repeating "The basis shall follow the spreads".
Now, we have an inverted market, so basis should have already been sold on those old beans. I can't tell you what will crash basis this summer.......just something and hard. Ask yourself, is this really much different than corn last summer? There was more than one told me it was impossible for corn basis to implode when it did......... My sticks here when you're ready....... | |
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Hey Peter
