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Pooled Some Wheat today

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    Pooled Some Wheat today

    Cash prices for feed wheat since dec9 till today have gone from $260 to down to $185 at my local elevator.
    Australia is awash with feed as am I.
    About 60% of my wheat will be feed.
    A "express" feed wheat pool is being run by a new pool operator and claim a return at my local elevator $219 so i slipped them a 200 tonne to test the waters. 70% pool return paid 21 days remainder sept 2011.
    The pool closed today and i will keep you posted if interested upon its progress.
    I actually think pools are for swimming only but thought i would try the new guys out.
    Prices improved here today after usda report some grades up $15 cash for the day.
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