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Markwright
Posted 9/17/2010 21:05 (#1363547 - in reply to #1363486)
Subject: RE: Theoretically paper corn could go to say


New Mexico
$20 bu, basis to minus $25 per bu, they call delivery, and the farmer not only has to deliver the corn, but also Pays $5 per bu to do that too. LOL.

Whenever there's real wide basis spreads and ranges, that pretty much indicates buyers do not truely Need much product.



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