Posted 8/5/2010 22:39 (#1302733 - in reply to #1302663) Subject: Re: did they widen the basis or what
SC Iowa
I'm hearing many reports of "biggest corn buying day ever" at locations and businesses...
you would expect that under these conditions with farmer holding large positions (cash, basis, and price later contracts) and getting to the end of their pricing agreements and the market focused on how to manage old/new crop transition....plus being undersold on new crop as well...
did they widen the basis or what
