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Central Missouri | The normal cycle coming off of a short crop year will ensue but will be delayed by 3 weeks. Which means basis will do the heavy lifting early (although if futures have a much larger rally they may mitigate that), gut slot harvest movement will then take-over, and then basis will get bushels out of farmers and elevators to make room for Jan deliveries. In MO, this cycle will be delayed 3 weeks later than normal. | |
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