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CWSWS price

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  • Hopperbin
    Senior Member
    • Dec 2007
    • 6562
    #1

    CWSWS price

    Pioneer Dixon talk mail 3.30 per bushel Nov. delivery. New pro coming out thursday which could affect that price. When that number price come up it felt more like an april fools joke than reality.
    Tags: None
    • Zaphod
      Senior Member
      • May 2005
      • 460
      #2
      Isn't that 3.30 close to your PRO now already? I'm guessing they'll go down by another $20 on Thursday.

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        • Hopperbin
          Senior Member
          • Dec 2007
          • 6562
          #3
          Yes the pro is that. Chicago futures 4.55 with a 94 cent dollar that is 4.84 Canadian dollars. So at 3.30 per bushel is like a 1.54 basis. A 20 dollar per ton drop in pro would put the basis over 2 bucks. Falling futures should narrow the basis. No way in hell.

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