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| Buck, The stocks #'s somewhat answer your question. I would answer, who cares? End users/exporters need about 1.1bbu of corn every month, does it really matter where those bushels are? Keep prices down here that 1.1 bbu /month probably keeps edging up. The quantity of '13 crop corn is pretty well known at this point. In my view, both basis and futures movements for old crop corn will soon be tied to market perceptions of new crop supplies. | |
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