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corn basis
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RayJenkins
Posted 3/10/2010 06:57 (#1113429 - in reply to #1111921)
Subject: Re: corn basis


SC Iowa
Tough to predict how this year's situation will turn out. To be certain, lower quality corn will be subject to some severe discounts going forward. Whether or not some kind of premium structure develops for the higher quality corn is still unknown in most markets.

Board spreads and bid structure is still signaling the market wants corn later, so you are well positioned to play the game into summer.

Best of luck
Ray J
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