Posted 6/2/2010 11:50 (#1222012 - in reply to #1221549) Subject: RE: Still confused on convergence
SC Iowa
The owners of the available space want to use it all for company owned stocks and earn the carry.....that limits the amount that is allowed to be used for delivery....you not only have to have the physical product to deliver---you also have to have a place to do it, and that is another big challenge in wheat right now...
Historic high basis price on wheat.
