Mar17/Jul17 WM Spread

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Below is a line graph portraying the spread between July white maize over March white maize for the current year 2016, the previous 3Mar17JUl17Spread years as well as next year’s spread 2017 and the average of the most recent 4years.  Should a closer eye be kept on the 2017 spread as JUL17WMAZ trades R1510 below its MAR17WMAZ counterpart as shown by the red solid line in the graph below?…