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| No prediction here. Talking to self, mostly. Which I do a lot.
But, if any probs develop in transport, slower producer sales or etc. my senses are alert on this old crop. Not in it anymore...but as i mentioned over the weekend, my work suggests the commercials own that market at the moment. I'd take a cold shower, or whatever else before I'd consider it as a short.
I would also expect we should see ethanol prices begin to advance if there is really going to be a production slow down. | |
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Old crop wheat.
