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Basis is as good as I have seen it in years
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farmer4321
Posted 4/11/2019 18:20 (#7433808 - in reply to #7433757)
Subject: Last year, April 11, 2018....


Last year on April 11, 2018, May 18 beans were 10.48, subtract your $0,95 basis and cash beans would have been $9.53. May 19 beans today closed at $8.95 minus your $1.15 give you $7.80, a $1.73 less than last year.
I fail to see just how $7.80 is the same as $9.53.
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