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North Central Illinois | I agree we are in a free fall for the near term but it changes little in the long run. Production is not going to be where it needs to be to satisfy demand. Taking a dollar or two off of corn is not going to do anything to help curb demand. It will improve margins with livestock and ethanol producers helping to prop up demand. Short term things look pretty ugly but we still have the supply demand monkey on our back and the more prices fall the worse that problem will be. | |
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when traders see techincials breaking down
