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Bean rally over?
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Clay SEIA
Posted 3/11/2014 21:40 (#3748447 - in reply to #3748355)
Subject: RE: Bean rally over?



I thought the old crop bean chart looked worse when it was pointing straight up without a correction for 3 weeks.  Even a solid demand-driven bull market needs to take a pause for some consolidation, that is healthier for the next leg up.  BTW, I'm not really trying to talk my position, we sold probably 60% of 2013 soybeans in the last two weeks.

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