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New crop wheat
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Riley
Posted 9/6/2007 16:13 (#199424)
Subject: New crop wheat


Dec '08 futures are trading at a substantial discount to nearby months. I believe that Dec'07 KCBT wheat settled at $7.88 3/4 /bu, while Dec'08 traded at $6.08/bu. What's your trigger point for increasing wheat acres or are we already there?
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