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backwardation in grains
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Farmer Ed
Posted 4/8/2021 08:49 (#8939468)
Subject: backwardation in grains

dogs nest ontario
I assume that is what it is.
I don't pay that much attention,
but is it normal for corn and beans to be progressively cheaper as the summer winds down?
I get it that the market has essentially zero weather risk in it,
and that SA production will steadily come to market.
The spreads dont appear to narrow.
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