Posted 7/9/2019 23:02 (#7606236 - in reply to #7606222) Subject: RE: Who has an abnormally good basis?
Current basis is +0.07. Yields were good last year for the most part; so, I’m not really sure. Maybe the bushels are getting pulled east and/or farmers are just holding onto the grain anticipating higher prices.
Edit to add: Or all those folks saying the USDA pulls numbers out of their rears are finally vindicated. Haha