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USA | Pofarmer,
Load your truck and head over this way. SRW basis at a flour mill in this area was 15 under Mar for Dec delivery. They went to 5 under for Jan delivery. Offered them a 5 lot at $.10 over Mar last week on a basis contract and they took it. Offered another 5 lot at $.25 over Mar today on a basis contract and they took that also . Getting kind of gun shy now. I would like to get the rest of the old crop wheat moved, but now thinking prolly need to set tight on the rest of it for the time being. | |
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