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NW IL | We had a basis contract on July. Right or Wrong we just priced it and rebought sept 19 futures. Ok so 3.92 - 352 July was .40 cents of carry, however we have in it enough time to either have the trade debate resolved or a weather scare if not this year, next year. I think it is a good bet. Usually a person is way better off just to price it, or if rolling to go to the next contract, I think this may be an exception. | |
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