Posted 7/10/2019 05:46 (#7606354 - in reply to #7606348) Subject: RE: Who has an abnormally good basis?
Carryout will not be low. (Actualy higher) There will be plemty of corn come end of aug/sept as ccc loans and dp are liquidated. This is about corn dislocation as ecb not seeing movement vs wcb plus river finally open for barge traffic. Its like march when you see basis improvement.
Cftc shows plenty of corn moving/going to be moved
You going to be hit with that tropical stuff? Cotton effected?