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Ontario's middle east | That seems like a pretty wordy way of saying "the basis will follow the spreads", but at least you are coming around ;0). Ray is right that the transition to new crop timeframe next summer is potentially pretty hazardous with the possibility of a tin can harvest. It is too early to tell how that shakes out yet. We have to see what kind of spread opportunities come along for commercials and what the new crop potential will be, come July. That is when the value of space will get assigned and the course will be charted. | |
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15/16 Corn burn rate.
