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May 1 Dan Maltby Marketing Newsletter

May 1 Dan Maltby Marketing Newsletter

Hello Kansas Wheat.

 

Last week the market finally built some risk premium into futures prices, although whether enough was inserted or was it just the beginning of massive Fund covering is debatable.
We’re all familiar with this. This crop is far enough along that any temps below 30* F do major damage.

What we’re NOT familiar with is this:

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Source: Kansas Association of Wheat Growers