Basis has always been poor- we"re too far from Chicago and New Orleans, except for the Duluth (to Europe) port. That"s one reason why farmer-owned ethanol coops took off here, to provide another end-user, keeping the margin here. Same reason why MN has always been a leader in forming ag coops- most of any state in the nation. Same reason why Cargill, Pillsbury, and others came from here- they"ve been able to screw the MNDak farmers for over a century due to a lack of competition. We"re typically 40 cents under Chicago- we pay the freight.
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Today's Featured Article - Gatherin of the Orange - by Rick Nikolich. In July of 1998 I was talking to fellow Allis Chalmers collector Mike Schilling about the annual "Gathering of The Orange" AC show coming up in August of 1999. He got this wild idea that we should get a convoy of AC tractors and drive them from Charlotte, Michigan 105 miles to LaGrange, Indiana.
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