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The supply of storage curve: O helps us understand the relationship between inventories and basis (spreads) for non- storable commodities. O represents the total cost
The supply of storage curve: O helps us understand the relationship between inventories and basis (spreads) for non- storable commodities. O represents the total cost of storage. O helps us understand the relationship between inventories and basis (spreads) for storab commodities. O is only useful for considering storage relationships for corn and soybeans
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