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Soy Roy Smith bean sale day
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indeeppigfarmer
Posted 9/10/2020 10:09 (#8486772 - in reply to #8486358)
Subject: RE: What end users


2.2 b is 8-10 wks of usage in the late summer timeframe, so basically pipeline usage. Carry to July 21 at only about .20 reflects the markets concern over supplies. And futures in the $3.6- $4.0 range do more to encourage production than to encourage usage.
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