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South Central Iowa | Clear $9.88 and target zone is $10.32-$10.47. $9.84 is 50% retrace of summer high to "harvest low".
I have 10,000 of soybeans that I contracted this morning; $9.01, -80. These are what I call liquidity sales; selling for operating cash. If you want to wait and see, need to hold $9.80 at close. Here is a site for free real-time quotes:
https://m.investing.com/commodities/us-soybeans
You need to place order between 1:15-1:20 God's Time to have it in today.
Volume is big and the market appears pretty strong. But we must hold this break, or a set back will occur and it will be caught between $9.20 and $9.50. But that will be temporary! This market is set for gains!
Soybeans are running 55 on my early field for those wondering. That would be 14 above the last soybean crop grown in 2014 on this farm. It is pretty good, but what I expected from it.
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Beans corn
