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Corn Basis Improvement
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1800swath
Posted 11/30/2018 17:40 (#7138856 - in reply to #7138749)
Subject: RE: Corn Basis Improvement


Fulton County Ohio
I had that checked out. Management confirmed that was the bid they intended. I agree, with the potential activity this weekend, you would expect protection to be added. I checked one of the end users this facility ships to for a posted bid. We are much closer to their price than we were a year ago. Did rail cost suddenly change? Who knows if the posted bid of the end user relates to how they trade with a unit train shipper. I don't even know which of the markets we rail to is driving the market today. Last train went southeast from a facility that normally goes east. Just happy to see grain moving and price increasing. Maybe we were too cheap before.
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