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Ontario's middle east | Cbot, sorry, I can't get on the friendly bean basis for this summer. The market is heavily inverted and like last year we will go off a cliff as the basis follows the spreads. I know that's not a popular opinion here but that is how inversions die. I will not pretend to know exactly when that will happen, probably mid July would be my guess. By then we will have figured out how to source beans or get by without them, bids will be big numbers vs nov and as July drops off the board there won't be much left to inflate those values.
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