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Call the high
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WeaveFarmer
Posted 9/21/2010 07:31 (#1368034 - in reply to #1367202)
Subject: Re: Call the high


Boone Co. Iowa
I'll say Dec 11 will go to 6.75 in April/May next spring. Basis in area will widen out to 80 cents or so, so lots of farmers could get close (but not quite!) 6.00 / bu. corn. Also, could be opportunities for semis to haul 100-200 miles next year, hauling to areas where the crop was short. I know that that is always the case, but I think that that will happen a lot next year...
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