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Danville, Illinois | A while back there was a post about selling new crop commodity with the basis to be determined. Is this something I can do at my local elevator?? if so how does it work?? Beans for fall delivery is currently just slightly over $12 at our local elevator with a -0.30 basis. I am sure the basis will be a lot less this fall but not sure if the price will be above or below $12
Edited by BobinIL 4/16/2014 07:42
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Selling with basis to be determined???
