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Hennepin, IL | They're going long on the board to hedge the physical they have either procured but havent priced (via deferred payment or the like that another poster mentioned) or that they will be buying later. No different than, just opposite, the guys that shorted the board a few weeks ago to hedge the bushels they were gonna have to sell later. As far as price collapsing, this should tell us the comms dont see that as probable as a run up from here. | |
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If the commercials are long Big Charlie
