Corn Basis Prices Improve, But Will Farmers Sell?
That's the million-dollar question floating through grain marketing world
The local basis prices in many Corn Belt locations are improving, especially in the east. Will farmers sell?
According to a report at Successful Farming, that is the million-dollar question floating throughout the grain marketing world.
In fact, on Thursday, Al Kluis, Kluis Commodity Advisors, alerted his farmer-customers to not miss the basis train while it’s in the station.
“We are seeing a lot of activity, from firmer basis levels in Illinois to wider basis in Nebraska. Once the basis starts to widen out, it could get ugly quick,” Kluis stated to customers, Thursday, in a daily note.
Read the full report at Successful Farming.