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east central ND | Soooo, China supposedly buying beans. Here in the eastern part of ND the local basis has gotten 5 cent worse to -1.25 and we have lost 25 to 30 cents on the local cash price from the high a few days ago.
I thought sales were supposed to raise the price, not lower it. Looks like rumored sales are more positive to the soy market local price than the actual. Buy the rumor, sell the fact????? | |
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Bean sales
