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| It is farm gate price from all over the nation, negative 75 in South Dakota mixed with plus 50 by the feedlot in Colorado, I didn’t look those up just examples. It started sept 1 and ends aug 31st. It is weighted from what I understand so if most grain is sold at high then it will be higher than just a one day snap shot each month
All licensed grain buyers report monthly, this is how it was explained to me.
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USDA Average marketing price
