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Buxton ND | OK China seems to have a over supply of corn because the last years of $9-10 government support prices.
This support price has been dropped alot.
What do we do when corn price drops alot ?
Corn on corn on corn makes room for beans.
Will there be a shift in acres China ?
Over night in beans, selling pressure started to hit in the midnight to 1 am time frame. Then again as Euroland open,,, NOT too much hedge pressure as "the most" are sleeping. | |
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