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| How many of you have done anything on '11 crops? It's starting to look interesting but so many are getting more bullish by the day that it's hard to decide where to start. Elevators around here are offering HTA's for a 10 cent charge. Any opinions on that versus hedging it yourself? Is it worth sacrificing 10 cents to eliminate the margin exposure? Also, the spread from Sep 11 to Mar 12 is only 9 cents. Hard to pay for grain bins on that carry unless you get a LOT better basis. Would you do the Sep and watch the spread with the intention of rolling later? | |
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Selling 2011 yet?
