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Southern MN | In our area the end user we haul a lot to has improved basis to -.15 under Sep. don’t know how bad it got in April but probably -.40. Best we could have gotten before covid was even to +.10. Am a little surprised basis is as good as it is, has been improving a little each week. I know there is a lot of corn out there from the people I have talked to, surprised basis is this good. Are there that many guys hanging on for a rally. I would think any reasonable basis bid would flood the end users in corn. Or is that going to happen in July? | |
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