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Basis contract still good idea?
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Deere6
Posted 4/5/2016 08:09 (#5222671)
Subject: Basis contract still good idea?


Need thoughts on doing July basis contract. Here it would be 8cents under cbot for July, seems good but they were 5 over just 3 weeks ago. This grain is in bin at home so no storage paid to elevator, just wondering what basis will be like this summer? Many on here have said their basis are 30-60 under board, if that happens here a basis contract could add a lot of money.
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