Posted 9/19/2010 22:18 (#1366417 - in reply to #1363925) Subject: Re: Basis update in St. Louis. (You will enjoy these numbers.)
Texas/New Mexico Stateline
I don't know that a widening basis is always a good indicator of a market top. It sure wasn't in the KC wheat last summer here. The futures has steadily gone higher all summer, but the basis got drastically worse early on and has stayed somewhat the same. -$1.50 to -1.70
Basis update in St. Louis. (You will enjoy these numbers.)
