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Ontario's middle east | The futures are reflecting future s&d. Basis is reflecting immediate demand. I have to freely admit I was wrong on my timing of the cliff around labour day, but make no mistake about it is coming and it will be spectacular. Congrats to the guys that captured some on early harvest! I really thought ddgs would have squeezed out more meal demand. Trading basis in the transition between crops is full of peril. | |
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Can someone explain this high basis?
