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| looks like record corn in Michigan ( a very small piece of the puzzle though) ethanol plants are bought up and basis is widening out FAST!!! alot of feeders are buying hand to mouth because they do not want the sub 50 testweight and higher toxins corn from 2009- growers are scrambling to get the poor 09 crop gone fearing people will reject that corn once new 10 corn comes off... should be interesting as once places get full, basis levels are going to get ugly
just my 2 cents | |
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