Posted 7/1/2024 13:19 (#10794642 - in reply to #10794255) Subject: RE: Vaclavick: Farmer stocks up.. Funds pile into expected record shorts.
n. Illinois
Illinois corn in storage according to the USDA report is up 43% or 874 million bushels, Yet the local elevator bids for corn continue to get tighter currently only 4 cents under and its narrowing up, so if there is so much extra corn why are the elevators bidding higher basis's?