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SD | Hedge up front, when you experience market corrections usually the spreads adjust and you can roll ahead with a little bit of carry. Peddle grain as fast and furious as basis allows. Most elevators have 85% of the beans gone right now, the export program allowed them the opportunity to make a solid historical margin and get them gone in an inverted market. Now the focus is getting the corn all gone before the cliff from July/September futures. | |
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Educate me on grain elevators
