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What's your local basis like?
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kst1
Posted 10/30/2020 09:09 (#8575805)
Subject: What's your local basis like?


Strong? Weak? About normal? Bean basis has been solid around here, corn has been really strong with inversions to get it in hand during harvest. I think we're seeing the long tail to the short harvest with all the prevent plant in Ohio last year. The pipeline is empty so even with an earlier harvest the processors are really having to compete to get corn. Normally processors would be -.20 to even right now, there is a lot of +.05 to +.15 posted and you can negotiate if you try.

NW/WC Ohio

If you are going to give your values, some perspective would be great too!
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