Export Demand, How Does It Affect River Basis?
Nov 02, 2012
Weekly exports sales exceeded expectations for soybeans and met expectations for wheat and corn. This has been the pattern for much of the marketing year. Export demand has been running ahead of pace to meet current USDA projections for soybeans, but corn fell behind this week for the first time this marketing year. The question to ask is: How is export demand affecting river basis levels? To get the answer and a recap of today's and this week's price action, tune into GrainTV.
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