Posted 1/12/2021 09:03 (#8744584 - in reply to #8744525) Subject: RE: I think I will sacrifice myself and take a cookie this morning
n.c.iowa
Just to reaffirm things ain’t the same everywhere, our basis in august was -.70, and still is -.50 for spot months and -.70 for ‘21 crop.
the only hint we had of anything going on last year was a bean processor about 50 miles away from us “all of a sudden” had a 50 cent better bid than anybody else in late august.
Our corn basis is -.23 right now with a -.37 for new crop, which for us is historically low.