The Importance of Fall Delivery and Book Space

The best basis for the bushels that move to fall is going to be early on. In an inverted market, you're not going to have much inventory there. There may be opportunities in your localized market for a quickship and then a full, full basis through the last half of September,. Early days of October for both commodities. But if he feels like, hey, I've got to move X amount of bushels during harvest, the best opportunity for those bushels, he can't store and farm. He may be better off shipping them first, and then filling his space towards the back end of fall.