Updated Weekly Basis and Transportation Review

Not much to smile about this week.

It's hard to look on the bright side after a week when commodity prices plummeted across a broad spectrum of markets. The only silver lining to those dark clouds wasn't much, either. Basis did strengthen a little in some markets due to lower transportation costs. However, given the magnitude of the break on the board — both for grains and energy — the decline was little more than a drop in the bucket. And basis in some markets continued to weaken, adding insult to injury.

To read the complete review, click HERE.

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