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EC SoDak | S&D are important, not denying that, but spec money is the part that gives us fuel for ups and downs and overreactions.
My guess: Slow grind up, farmers might sell/hedge some, it’ll drop like a rock as spec money changes positions or exits completely, farmers will wonder why they didn’t sell/hedge more, physical buyers will get to purchase cheaper grains again after avoiding a few weeks of higher prices. The world keeps turning.
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