Market Activity

Trading was quiet to steady today with not a lot of action reported. A good handful of traders have already headed out for the holiday.

Choice white prices have increased through the month of June and sit at an average of $0.26125 today, giving it a spread to SBO of 2.885 cents. Over the last three years, the Mo. River CWG market has traded at an average spread, or discount, to SBO of 5.37 cents and for July 5.95 cents. It’s reasonable to expect pressure…