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KS and NE in eastern 3rd | I still have 30k bushel of beans on the farm unpriced. I sold july futures earlier for 1075, last week I rolled that into Nov and hoping for another rally to get the beans in the bin moved. I'm not going to make spec trades in beans but like to take advantage of that inverse in beans we get on big rallies. If the inverse wouldn't of come out I would of just delivered the bin beans on the july contract but now I have a Nov hedge and unpriced old crop. | |
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