|
Tama iowa | The deals being made will be processors will pay basis appreciation plus a carry charge since the market is inverted. A big part of coops making money on basis is there is carry in the market. Since there is no carry and the majority of physical beans are owned by storage companies the deals to carry the supply of beans for the processor are probably already made. I do not know if the basis offered to the farmer will be worth it to risk the inversion. I guess I'm one of the farmers that will find out. | |
|