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Ontario's middle east | That is what I would expect to see. Market usually "makes" the crop and risk premium fades early July, then market second guesses itself late summer and puts some risk premium back. If you are going to need cashflow this fall the "always sell beans sept 9" probably means you. The "frost scare" is sometimes drought related but with lots of replant and later crops maybe this year it is frost. Nobody knows. What we do know is "sell the rallies" is what's been working. Good luck.
edit: credit my old friend SoyRoy for charts
Edited by Maizeing 7/30/2017 09:47
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I expect soybeans to pop up this week
