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Who has an abnormally good basis?
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coup
Posted 7/11/2019 06:00 (#7608180 - in reply to #7606354)
Subject: RE: Who has an abnormally good basis?


USA
Palmtopper - 7/10/2019 04:46

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?


My guess majority of DP physical bu will be long gone before end of Aug- Sep.
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