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| Do you think the basis will keep edging up? If it’s $1.35 over now, what changes between now and next July other than risk that something will change? So I could reasonably see July basis going to $1.30 over or so again. I could also see it being a dollar under again just as easily. I don’t know that it is a product of leverage so to speak. Just good relationships with buyers and they jumped the bid to $.70 over the next day anyway. Around here there aren’t to many guys that grow it. I can think of a couple but that’s about it. There are only a select few elevators that will take it too. What is your typical corn and milo APH out there? | |
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