04-23-2013 09:57 PM - edited 04-23-2013 10:23 PM
you may be able to explain the implications of what's going on here better than I - ALL I know is this indicative of 2 mkts which are expressing extreme near term s/d tightness.
the May/Jul bean spread is +42 since Apr.5 . flat May is only + 62 since then.
the May/Jul corn spread is +13^4 since same date. flat May is only + 12 since then.
-----something is going on-------------anyone????