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western iowa,by Denison | you also have to account for delay harvest-not as many ground piles as harvest has lasted60 days longer-which is how many million bushel a day used up that would have been on the ground to depress prices more-$3 today will look just as good as $3 later-only thing is fields were are grain bins for 60 days-so we probably will not see a harvest low and probably not see a 50ct rally as we never had it drop-this market does not look like anything I have seen before | |
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Interesting. Large crops and BOTTOMS!
