Posted 9/11/2010 23:23 (#1356007 - in reply to #1355589) Subject: RE: Whats going on with spread between Dec '10 and July '11 ?
The crop is short. There is quality issues. Export demand is as hot as it has ever been. River basis is improving. Barge freight is getting cheaper. I would look for the carry to disappear and an invert in the not so distant future.
Whats going on with spread between Dec '10 and July '11 ?
