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| The market knows that ?% of corn/beans is sold off the combine. It is reasonable to expect a sideways price range going into physical harvest, which is late this year. When they find out they have not covered their needs, the price is biased to the upside through the last half of harvest. With the low % of forward sales this year, we may not see the normal slide into October either. Just my opinion. | |
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Two schools of thought
