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Will corn need to rally to $8 or beans to $18 to ration the remaining supply?

By Jon Scheve, Superior Feed Ingredients, LLC The week’s biggest story was the inverse spread between the May and July contracts.  Inverses mean that the market is short and really needs to find supply. Corn Corn rarely sees inverse at this point in the year, so when they show up in the spring, they are a very big deal. The spread opened in late April with May being 23 cents higher than July on Monday. By Thursday’s close it was 51 cents higher.  This kind of spread hasn’t happened si...
Jon Scheve Superior Feed Ingredients Corn Belt Bean Belt East Coast உயர்ந்தது தீவனம் பொருட்கள்
Source: ocj.com

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