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Selling spot corn
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Posted 7/12/2019 06:09 (#7610088 - in reply to #7610033)
Subject: RE: Selling spot corn

SE Iowa
How much spot corn with in relationship with eth plant daily grind?

Little background: the post was in response to those who think the tight basis is the result of usda inflated the corn supplies on purpose. (Chicago had streets full of corn)

I can see now that basis does its job and brings out the grain that has been in farmers hands.

In regards to price we are 25 off our highs and getting the same price now that could of got 3 wks ago. Generally speaking. So basis does its job
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