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Basis on wheat.
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farmerbyron
Posted 3/10/2010 20:13 (#1114291 - in reply to #1113642)
Subject: RE: Market Carry.



Oklahoma
Well thanks for the feedback. Going to have to re-evaluate my farming practices and switch to more of a cattle grazing or cotton operation. Doesn't sound like good times are anywhere in the future for wheat. When the breakeven requires 40-50 bu. wheat, you have no business trying to grow it. You have better odds in Vegas.
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