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Boone Co. Iowa | My take was that the market is now looking at s. American weather and crop.
Market saying we want your beans now, but we think s. America is going to grow a decent crop so we don't need your beans later.
I think any sort of weather hiccup down south means beans come back. Or, if they have smooth growing season, prices get even more depressed.
Looks like funds are out of corn market but still hanging around bean market a little.
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Anyone notice?
