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is the elevator telling us something?
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Posted 12/6/2018 17:49 (#7153677 - in reply to #7153614)
Subject: RE: is the elevator telling us something?

Sure they are....Not enough cash grain coming across they scale. Maybe they are short basis. Maybe they are long freight. Maybe they missed the cheap front end basis and will take the carry from the second half of the marketing year. Either way it all comes back to a pretty slow contract purchase pad.
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