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| Heard him yesterday, likelihood for below trendline yields very likely. If the weather acts like the last 700 years. Tkes about three years to recharge the moisture reserve across the whole country to get back to above trend line. Looks like we are also entering 25 years of highly volatile yields as compared to the last 19 of low volatility in yields, again if the weather acts like the last 700 years. | |
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