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Basis is as good as I have seen it in years
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Dennis SEND
Posted 4/11/2019 19:32 (#7433974 - in reply to #7433808)
Subject: RE: Last year, April 11, 2018....

farmer4321 - 4/11/2019 18:20

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.

Ok dumbass where did anyone mention futures price, the post specifically mentioned BASIS, our basis is very close to what it was last year at this time, when will you get over the hatred and quit worrying about ND farmers, we are all big boys and can make decisions on our own, not a single ND farmer is on here whinnying about how bad things are in NY so give it up we don't care what you think, and we are all capiable of making our own decisions for our farms.
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