Wide Basis

[malleefarmer]

yep tweety im with you strong basis sell cash weak basis sell futures or do nothing

we had a cash price back in I think jan of $305 port for our standard wheat bais was above average and currency was weak.
Now it hnk were on $240 weak basis strong currency and weaker futures of course.
The $305 peaked at 312 about 4 days later and has been retreating ever since

[Hopperbin]

Mallet no one here can sell cash what is that? We sell on the futures price minus or plus basis. To the person who said if basis is good time is to sell. Actually that is not true. We had very poor futures price when basis was better earlier.