northern edge of north central Missouri | w1891 - 2/21/2024 12:45
There is a significant amount of long farmer basis bushels that need to be rolled or price. These will overwhelm the shorts needing to get out.
I am agreeing with spikes only because I want him to be right LOL
I proposed the same theory you are on a previous similar occasion and was told it’s insignificant and won’t pressure the nearby and increase the spread.
I have discovered your theory is the more likely result. Then the May comes down to meet where March went off |