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Wisconsin | Absolutely must sell some bushels on rallies. If you don't, you're gambling against the downside risk. If you have bins, use them and take advantage of available carry and either forward contract or hedge some bushels. With basis, we have +.50 locally on May/June contracts. That is back to cash contract value near the peak of the July rally for 14 crop. All you have to do is make some sales and let it sit through winter. | |
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