Posted 4/21/2021 20:27 (#8965910 - in reply to #8964926) Subject: RE: Hmmm............local cash corn price here is 6.66.
East central SD
Think it was 2012? Corn basis went wild. Got to 1.25 over the CBOT. Locked in basis at .65 over. In a matter of two days it narrowed that much. I believe corn got to 8 ish at that time when a usda report came out on a positive note. Was up the limit and closed lower. I bailed at 8.45 cash. Could of had 9 if I would have did everything correct. Talk obout some interesting times. It is setting up for the same. We will see.