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Buffalo IL | All markets make v tops and most generally will have a 50 percent retracement. Not pretty but that's normal history. Ethanol is in more trouble with oil prices dropping, soybeans exports have been exported to SA and their currency is cheap, US ag loves to over produce, will there be MFP payments to farmers if we go into a recession (MFP aren't guaranteed) . MFP most likely will occurring because of elections. | |
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