Posted 3/7/2010 16:11 (#1109092 - in reply to #1107311) Subject: RE: Basis and Forward Contract
it can get better the +40, but it could get worse, to just depends on the harvest. Unless your hedging, dont be concerned of the basis, lock in a profitable flat price and raise the crop. Use the basis as a guide as to their demand. Many times we wait on basis to improve only to be victims of flat price going lower.
recently i heard that springdale was worth +50ck