Corn basis moved seasonally higher this week, as farmers remain reluctant sellers with futures prices below $4. While cash flow selling could begin soon, for now bids are above last year's weak levels, and in some cases are near or approaching average levels for this time of year. After suffering poor basis in the last year, that alone is something of a victory for the cash market.
Falling barge freight rates along stretches of the
This week's ice storm in the
To read Bryce Knorr's complete weekly basis review, click HERE.