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Baby Robin
Posted 4/16/2019 07:33 (#7442199 - in reply to #7442103)
Subject: RE: basis pushes known by the origination team


Fontanelle, IA
I think you need to be critical and cynical of JD70 info.

I have NEVER , EVER heard of an origination team not knowing what the other is doing in terms of basis pushes for finite volumes. Usually it is push for 100k or next 2 weeks volume for X price. But, the origination team needs to work in cohesion as a team and that requires everyone to be on the same page... 1 person could have been tasked with the push but everyone should have known about it. In JD70 post, the push was for an UNLIMITED # of bushels. If it was for an UNLIMITED # of bushels, everyone on the TEAM would know and be calling.

I don't buy it.



Edited by Baby Robin 4/16/2019 07:50
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