Jed Stivers
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03-19-2012
10:54 PM
Basis change
Today the basis at our local elevator went up to +.25 for Aug. corn, -.10 for Sept. Up to +.15 for Sept/Oct. beans. A gain of .05 on all and a pretty good basis. Could it be someone thinks we need grain this fall. Can't be that though, USDA says we will have plenty.