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USDA Dec 1 STOCKS 10.934 Billion Bushels.
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PeteMN
Posted 1/15/2010 14:33 (#1024021 - in reply to #1023329)
Subject: Re: USDA Dec 1 STOCKS 10.934 Billion Bushels.


E.Central MN
I agree except that if we had 20-30% ending stocks the price would be below the cost of production (with no volatility). The market doesn't care what the cost of production is as long as supplies are plentiful.
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