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Little corn buyer crying wolf. Basis ploy...
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Maizeing
Posted 8/1/2020 15:27 (#8409102 - in reply to #8409075)
Subject: RE: Little corn buyer crying wolf. Basis ploy...


Ontario's middle east
Maybe say thank you????

You just said they paid you a reasonable basis. Maybe they see some dynamics that mean lower basis is coming. It's not always easy to time those events precisely. Lotsa moving parts. Board being down slows farmer selling and that can hold things together. Other traders maybe short and trying to get coverage and pushing values.
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