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Wheat basis and the RR
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wannabe2
Posted 3/20/2014 16:55 (#3765698 - in reply to #3763939)
Subject: RE: Wheat basis and the RR


NW Montana
Basis isn't only for profit and overhead but also a response of local supply and demand. Il to Texas could have a 1.20 difference in basis. nothing to get offended by. If they need more grain they lower their basis.

Edited by wannabe2 3/20/2014 16:56
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