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buying Kansas city wheat on the open
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donmoffat
Posted 9/27/2015 15:25 (#4811474)
Subject: buying Kansas city wheat on the open


Don't normally look at Kansas market but I can replace the 1 contract I sold in Chicago on Friday for almost 10 cents less. Hope it opens lower> Jon you probably know this off the top of your head what is the normal spread between Kansas City and Chicago wheat prices? Lots of good HRS so spread is tight but I don't think Western Canada is going to make Stats Can number. Also wet conditions usually means lower protein levels is corn and beans, Anyone seeing that yet in new crop? And Jon don't worry about residual the gov will just change the year end to July31 like the year they went from oct1 to sept1 so the market could show a carryover and keep prices lower than where they would have gone. Thanks in advance guys and girls
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