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| Right or w, time will tell. Had some new crop wheat hedged with July KC futures but got out today with a small gain. My thought process is that cash wheat is cheaper than cash corn here and now. Basis has a lot to do with that but… corn seems to have maybe? put in a bottom. I think that should be supportive for wheat I know, a lot of speculation and what if’s involved there. As I said earlier time will tell whether right or wrong. Thoughts?? | |
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Lifted wheat hedges today
