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Ontario's middle east | Probably 10-11c will cap zh, Zk will hopefully do 17-18, been looking for 23-26 on zn but thinking with it trading 21.2 today I might just take some of that. If we can finally muscle up a rally the market it will bull spread( aka front month run up) so this is a defence play on merchandising plans. Crop report maybe a tad bearish so maybe it widens tonight? If you are thinking of hedging here go straight to h, you won't leave much on the table. | |
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