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Breckenridge, MI | In a buying position for this fall. Looking at the chart and listening to everyone grumble about the dry conditions has got me concerned about price going up quite a bit. Charts show a gap at 4.20 and technical analysis says that the market will come back to cover the gap right? If that's the case less a 50 cent basis is about 3.70 cash. Smart move or wait till fall and let the price of feeders and fats account for the change in the corn market? Opinions? | |
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