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Historic high basis price on wheat.
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wheaties
Posted 6/1/2010 21:09 (#1221199 - in reply to #1220385)
Subject: Re: Historic high basis price on wheat.


The prior high costs of fertilzer in the fall of 08 caused some not to fertilize/or cut back rates, along with abundant rainfall and ideal growing condtions in 09 gave the producers a decent yielding crop, but no protein. Take measures to produce protein this year if it is not too late to do so.
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