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Basis
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dongeffe
Posted 8/11/2010 02:28 (#1310112 - in reply to #1310030)
Subject: RE: Only if they won't let you hire a semi. NT


Unfortunately I have HTA for new crop. Basis usually gets better just before harvest. My only hope is the price goes down or this mysterious increase in demand actually shows up. I am worried that the paper pushers make corn go to $10 so the basis will be $6.75 ($3.25 cash price). I will owe them my corn and $2.50 a bushel. Wouldnt that be funny. I wonder if that is even legal.
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