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SE IL | Anybody have any? Things sure seem bearish. Maybe tough safrina crop but that doesn’t look likely at the moment. Spring is a ways off for the Midwest but with the moisture situation much improved and the fall everyone had to prepare spring planting would seemingly be set up well. Funds are short big but any rallies for a while will be met with heavy farmer selling. Maybe a big stock market crash could push money back into commodities. For those expecting a “John Deere low” soon and then higher into spring don’t look at last years chart. Down for 2 more months is sure possible. What do ya got? | |
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Positives for grains
