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A new ethanol plant will soon be built just a few miles from your farm. What is the expected impact on your local basis? Group

A new ethanol plant will soon be built just a few miles from your farm. What is the expected impact on your local basis?

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a) the corn basis (and cash prices) will increase

b) the corn basis (and cash prices) will decrease

c) this should have no impact on the basis

d) this will affect the basis, but in an uncertain way

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