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San Diego | so even if you see some of the usda report as bullish, it is 'sell the news' for beans and corn thus far.
chicago wheat still has a big fund short, so seems likely to be supported, let's see what the cot report this friday shows on wheat especially, as it will cover action thru tomorrow.
funds are too long in soybeans, other funds are waiting for a china cancellation before shorting, brazil logistics said to be better this year.
cheers! | |
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