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Mascoutah, Illinois | I really like $7.60ish here in the near term. We fell from $8.40ish in the March contract back to $6.80ish support. If we retrace fifty percent of the move we hit around $7.60ish. Probably a really good spot to let some go whether it goes higher or not.
Watch March soybeans for $15.40-$15.45 area. Fifty percent move from $17.28 down to $13.51. Support looks very solid at $13.50 after testing this level three times.
Edited by djmcountryboy 1/13/2013 23:59
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Wow, we're off to the races Sunday night!
