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| I assume you bought July at harvest. If that was the case you bought a 28-30 cent rally (the carry) which may or may not happen. Just me, but I would have sold that carry on some (or all)of your stored inventory.
As an end user, I am getting more interested in acquiring inventory given the volatility of weather and geopolitical happenings, as well as the prospect for too few acres being planted this spring. | |
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