An analyst says the market doesn’t seem too interested in what’s left of the 2018 harvest.
Elaine Kub tells Brownfield basis bids are stagnant across the Midwest.
“There are regions where there are still a proportion of fields that haven’t been harvested, and regions where the harvest got done fine. And we don’t really see a response in those basis bids because the industry is so busy storing soybeans, and obviously has no shortage of corn available right now.”
As of Sunday, 94 percent of soybeans have been harvested compared to the five-year average of 98 percent.
Continue reading Market not responding to harvest delays at Brownfield Ag News.
