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Red River Valley | Joe I would not put it on until thrusday ahead of the monthly SD report than I would watch the report to see if the Numbers are changing ( think of if USDA starts to reconcile the exports -about 100mb miss according to inspection- and the fact that the farmers have been able to sell more corn than the 1/4 stocks would have indacated they had in storage) If numbers don't change I would go to the sidline and wait for the 1/4 stocks number and repeat if that number does not change then I would wait until next spring for planting delays and leg into it if the numbers are what most on hear think they are you might get a chance to sell a $1.00 inversion and hold to a .20 carry | |
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DEC 10 to DEC 11
