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| But doesnt the fact that one COULD deliver to the CBOT supposed to stop that? At some point, the CBOT and cash market must converge if one can actually deliver and get the exact CBOT price. Then your basis would be how much it costs you to get you crop to Chicago and whatever other fees you would have to pay. How much trouble is it to deliver on a contract? Can it be done by only certain entities or what? | |
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$#@*&^%$ Basis
