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South Central Iowa | I think soy is too low too! But when do we really break? Is it now, is it this? I don't think just yet. But definitely on the side of this will be realized before next year's harvest. It will be Bigly!
Corn has a descending ML on the monthly that is the equivalent of your sell zone in soy. It is around $4.60 currently and I believe it could give us some trouble. Corn is behind a bit and just won't have the same fundamental side to help, I believe at least. But I can measure it to $4.76, and if it breaks that, it should have more! But I am thinking $4.35-$4.76 at least and more follower of soy, which well could get over $13.00 if the cards align right.
Casey struck out Fry! I think you're better!
And High-Five for the Midnight chart post club!
EDIT: Forgot to add, our summer high for soybeans is ridiculously easy to take out compared to our situation this year, higher lows than June already made, higher highs than July to come!
Edited by Conan the Farmer 9/15/2017 00:22
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Im sorry.... nobody is going to believe me...
