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onida, south dakota | Personally I think we are close to lows in wheat; but I have thought that and been wrong for months
As for protein and basis it feels like it will be weak next month or so as wheat try's to move before fall harvest; but I would think basis protein premiums get better as producers turn to fall harvest and the end users grind present heavy and nearing plugged pipeline
As example I really can't buy much more nearby spring wheat because I can only find so many homes and get so many cars in before fall harvest | |
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