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Basis update in St. Louis. (You will enjoy these numbers.)
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garywi
Posted 9/18/2010 07:21 (#1364072 - in reply to #1363925)
Subject: RE: Basis update in St. Louis. (You will enjoy these numbers.)


franksville wi
I have been one to say even back in the 08rally that the 5 dollar level is a farmers only best friend because if this rally keeps up you could see inputs sky rocket again. With fertilizer companies facing hostile take overs the new owners of the stocks want returns and a $6 plus market will give them that opportunity. If basis stays like you show on rallies we will make less per acre next year at higher levels then this year even if you are 100 percent sold today.
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