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Why did N/U go to even money?
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Joe R
Posted 7/10/2026 22:18 (#11697528 - in reply to #11697425)
Subject: RE: Why did N/U go to even money?


N is in delivery. Light volume. Probably just commercials buying to offset hedges vs physical. Going even doesn’t get my attention much. If it goes 20 over then that is something to monitor. Sep/Dec spread keeps widening which says no risk on old crop and getting to new supplies.
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