West of Mpls MN about 50 miles on Hwy 12 | There has been a pretty decent spring/summer delivery corn basis at the river since mid October. Last week, and this week they really hammered both the corn, and soybean nearby river basis.
Looks like the bins, and the ole Freightliner are going to earn their keep again...they usually do here.
CGB Savage, MN barge loading conveyor had a major hiccup so we haven't even been able to haul our contracted soybeans, and corn for the past couple days. I see they have 6:00am-2:00pm unload hours tomorrow so they must have got it patched back together. |
Boom!!! Just like that, there's carry in the market.
