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Gulf corn basis firming fast?
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djmcountryboy
Posted 8/13/2010 19:36 (#1314185 - in reply to #1314046)
Subject: RE: Gulf corn basis firming fast?


Mascoutah, Illinois
We picked up 16-17 cents in the St. Louis area. We are currently at $4.02 for September delivery. We can sell May of 2011 at $4.49.

I believe we see $5.00 corn and $12.50 beans before March 30th unless something catastrophic happens with the world economies.

The mother of all acreage battles will take place in 2011.
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