Posted 3/5/2010 21:11 (#1106740 - in reply to #1106213) Subject: RE: ontario soybean basis
Eastern Ontario
Basis going down here too. My buyer is full up to his ears in beans. Says he can't get enough containers and ships to send it out. Said the ocean freight is a one way street. Everything is coming from The east but nothing going out that way.
I think once Ocean Freight picks up to normal speed and volume, then we will see demand rise again.