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Basis?
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ndsu84
Posted 1/16/2016 21:39 (#5041296 - in reply to #5041274)
Subject: RE: Basis?


EC North Dakota
Another way to look at it. Our local market can buy is much corn as they need for .60 less than the Chicago board price.

If transportation costs were lower, we'd tell our local buyers to go f themselves while we haul it to the river. But higher t costs prevent us from doing so.
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