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Ontario's middle east | I've been saying for a while now that carry was unlikely to grow and in fact would likely fade with the tight farmer holding. We have now pulled 5c out of the Z/N. Unless you guys start to capitulate corn I would look for that to continue. Part of the process.... the market wants corn now so why reward storage? Commercials with the spreads set will say let her rip! Unwind the spread and punch out that big front end number..... Party on Garth! The market works! | |
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Corn Spreads
