Posted 4/10/2024 06:09 (#10701216 - in reply to #10701044) Subject: RE: USDA & CONAB in 2 days - market audio comments
S Illinois
DP is most definitely not the driver of weak basis. There is too much grain for the demand levels we have. There will not be a day when basis takes off after the DP gets priced. The opposite will occur later this summer. Basic will crater after the crop gets planted and grain gets sold to make room for the new crop.