West of Mitchell, South Dakota, Chet Edinger is harvesting corn. “We’ve already harvested the high risk corn. That’s the stuff that was starting to snap off and had stalk integrity issues.” Corn is coming off at 15 percent moisture. “That’s not good, there’s phantom yield loss out there on the corn when it’s that dry.” The good news is the demand for the corn coming out of the fields. Edinger is playing the basis game, waiting for basis to narrow more at the local ethanol plant. “They want the physical commodity in their possession, but with the way COVID and the world economy is I think possession is going to be a big thing. Everyone wants it and that’s good news for us.”
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