We have had several producers as of late calling in and telling us the basis in their area is starting to tighten. For those of you that want to free up some cash and make some sales, now might be a terrific time. If the basis is good in your area, you might want to consider pulling the trigger and using any number of strategies to re-own the board. We have put together some great plans for guys today. The massive pressure to the downside has taken a huge amount out of the "Call" premiums...If the basis is right in your area you can sell the cash and re-own the board at a great ratio.
Funds continue to liqudate sending Cattle and Hogs Lower
Canadian Farmland Values Rise 3% First Half 2010