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Mind the gaps boys

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    #25
    Nudge

    You are probably right.

    Here is the thing northern tier elevators have moved their basis to minus 20 cents a bushel off mpls.

    5.79 minus 20 equals 5.59 usd.

    5.59 usd equals 7.15 cdn.

    They might love us flat pricers looking for delivery. But I suspect they love basis guys as well. The graincos are ****ing everyone.

    Local says he has a plus 65 cent per bushel basis and I can't get 6.50 cdn for wheat. The math isn't right.

    I guess the question is. If I lived close to the border how is it that a minus 20 basis in the US pays better than a plus 65 in canada?

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      #26
      Thats good farming101. The photos from photobucket are easy enough I do it on other forums. Problem with this forum is I have never yet been able to post pictures from a Mac, works off a crappy old PC we have. Wish someone could post the solution to that.
      Also be handy if Admin. could post the instructions how to put up pictures as a sticky note - ie a topic that is always at the top of the list of threads as other web forums do.

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        #27
        Bucket,
        Can't say I disagree with the ffing everyone. There is no love for graincos these days.

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