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Eastern NE | I apologize if this has already been discussed. I would post a chart but am on my phone. /ZCZ8 minus /ZCZ7 is at about $0.40
On a historical basis this is wide and has been widening the last few months. Based on a chart I see risk of approximately $0.10 with a potential of $0.20 to $0.30 if the spread reverts to the annual average. Anyone else seeing this? Thanks for your comments, and if anyone cares to post a screen shot of the chart please do so. | |
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Dec18 corn - Dec17 corn
