Handling July Basis Contracts- Timely Contemplation

Today Chris and Duane discuss the decision process of handling July basis contracts. We are all facing a timeline crunch and nobody wants to be the last one holding the bag. Anecdotally, it "feels" like we may have record levels of these unpriced basis contracts. IF there is no weather story-line during the next 3 weeks, the market could attempt to further press their large short positions in corn. These are not easy decisions, but they may be decisions that would benefit from a timely decision.