Posted 6/9/2023 11:09 (#10263002 - in reply to #10262936) Subject: RE: When was the last time we saw a $1.20 + basis on corn in Iowa
Southern MN
2 local buyers here have told us there is still 40% of grain or so in the farmers hands. If that is anywhere close to true basis is only going to go one way from here.
Personally have a hard time believing it but the one buyer especially has been very good to us, no reason to really lie because he knows we are basically sold out of old crop.