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RayJenkins
Posted 1/5/2010 22:17 (#1005411 - in reply to #1005246)
Subject: RE: STL basis disagrees with What???


SC Iowa
Theorizing a bit here.....but from what I hear the Gulf has a full loading program through spring.....wet weather has hampered number of days they can load ships.....so between the lost days from rain and thinning pipe from the north due to weather/ice, they are already losing ground from projections....

I think they know they have to keep the pipeline stuffed all the way out....not a blip that can be cured with a short term inversion in bids.....

and not every barge heading south is high quality, either, which presents another set of issues to work through...
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