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Basis
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Rolling Prairie
Posted 8/16/2010 23:51 (#1318849)
Subject: Basis


NE Kansas
what is the local basis for corn and beans around the country. NE Kansas 72 cents on corn and 84 cents on beans. 30 cent difference from Cargill's terminal in Topeka 60 miles away. Local basis is historically closer to 50 cents for both.
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