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NeMO | Does that explain soybeans then? No way there was a sizable amount of soybean basis contracts.
And yes the market can get spooked ahead of the report. A high percentage of the last few acreage reports have been very bearish corn acres. It did coincide with oil prices dropping and a cool weather period but you aren't gonna convince me that the impending report didn't exacerbate the sell off. | |
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