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Ontario's middle east | We put quite a few on back first of Dec around the $12 but pretty quiet now. Targets piling up for the $12 again. We are quite a bit further from crusher or water than you so I'm a little too stingy to pay up today. Futures markets have taught me I don't know a heck of a lot about predicting futures 10 months down the road, that's why I trade basis. My gut tells me that this bean market hasn't dealt out near enough pain yet.... See what tmrw brings. Like I said below it likely takes a trade resolution to bring out the sellers. | |
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When will we see normal basis values for soybeans?
