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    Basis target

    Just pulled mine. Had a 30 under march futures for Sept. delivery period. Not triggered. I picked march futures so I did not have to price futures right away and could play the market for a while. Worked out to the same as a 22 under Nov futures at the time I did it. Anyone have anything close to that trigger. I pulled mine cause I think basis will improve some yet. LDM Yorkton has a current 15 under for May delivery. I don't know for sure but you could probably target 15 under for old crop and it would trigger here. Remember my Humboldt location affects basis compared to others. New crops all still currently in the 40 under range.
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