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SC Iowa | I will look for the link and post it shortly..
Corn and beans going in the loan program is short term friendly to basis levels because (in theory) fewer bushels are available to the market now...
but they are still there and will be a lead weight on late summer basis and flat price potential without something that changes production prospects in 2016
you can expect the numbers going under loan to increase over the next 3-6 weeks as a lot of loan activity may not take place until after Jan 1
or as I have said in the past
"the CCC loan can be a good tool as PART of a marketing plan (cheap interest to finance hedges, etc) but is NOT a substitute for a marketing plan" | |
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Question for you Jon
