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Does a lower price increase farmer selling
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RayJenkins
Posted 11/13/2012 07:15 (#2694419 - in reply to #2694179)
Subject: RE: I have to agree with Ernie.


SC Iowa
if you would look at our contract newspaper for cash prices that were sold, it would say that a lot of folks sold corn when December futures were in the low to mid $6 range as the rally progressed.....then really pulled in their horns as the rally extended.....I don't see a lot of corn that looks like it was sold between $7 and $8.50 on the way up.....



looks like our best cash bid today will be in last half December at +35Z....or about $7.60 as I type this at 6AM CST...
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