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nw oh | That's assuming you can still get a contract for them at -$12. I think jbs plainwell is full for next April. So then at the whim of the cash market. Hard to hedge Holstein when basis fluctuate from -$12 to -$35. Until someone else steps up to kill a lot of them besides jbs. Hard to buy any feeders of any size when contracts are filled by those buying babies and filling contracts when they are brought on. | |
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