Bower Trading President Jim Bower expects the biggest marketing opportunities to be in basis. “There’s really good basis bids if you hunt them out. Some of our customers have as many as 40 basis decisions they consider each day. That’s an opportunity for our growers to price the crop, get rid of it and maybe consider buying it back on paper if they want.” Bower says also keep an eye on the South American crop. “We’ll have to start watching Brazil and Argentina a lot closer around December and January. That’s a more critical time. That could throw the supply switch back on,” explains Bower. “Right now, the market is functioning on demand. There are so many things happening right now, it’s hard to know what’s going on. That’s why we’re using basis strategies.”
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