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Storage Rates
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w1891
Posted 9/22/2023 20:53 (#10412311 - in reply to #10412125)
Subject: RE: Storage Rates


S Illinois
There is some inflation/interest rate involved but your local crop prospects being good, CBOT bid structure and poor river basis means storage space is much more valuable this year especially in the ECB. Opposite of what was seen last year. So this is more of maximizing return to what likely to be inadequate local storage space and it is what the local cash market can bear.
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