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| Crush margins are better now than when they were at $9 beans. $17 beans has not slowed demand. Basis is historically very strong and it’s still May. There are very few beans left to buy. It could/will get really wild the next 6 weeks. Don’t count out $20 beans
Edit….SA crop was 20mmt under projections. In a demand driven market. Corn acres will be up sign from March acre report.
Edited by Joe R 5/19/2022 21:45
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Beans higher because?
