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Fairbury, NE (Southeast) | Harvest efficiency and basis gain is the driver here. When basis goes from .35 to 20 within 100 days, utilize HTA on forward contracts there isn't much need to worry about the summer carry, just let the basis close in and move the grain when targets are hit. Fairly easy to take several points out of 18% corn here too. May not be that way up there.
Basis info above is a four year average. | |
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