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southern MN | South America sales will dampen bean bullish for a handful of weeks.
China likely will do something out of line to drop bean prices; as they buy their huge swig of beans from South America.
Prices should rebound into May as we look at the real future of supplies. If the dry conditions continue, if any other weather hiccups come up in the Western Hemisphere, as corn and bean demand start arguing with each other.
Always good to lock in a little positive numbers, sure seems it favors higher prices later this spring?
Paul | |
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New crop soys
