date:May 02, 2013
to the east and hit IL and track to the south into the delta and southeast.
Planting was taking place in areas of NE and IA today but not at a rapid pace. Traders noted that the interior basis levels were steady to slightly weaker on better farmer sales although heavy volume was not indicated.
Ethanol margins remain strong which has kept plants aggressive with bids to shore up supply pipelines into May and June.
Despite the improving demand in the 2012/13 crop year, the market sentiment and f