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Soybean traders focus on South America

2014-10-03 22:41:00| Corn & Soybean Digest

Soybean traders are monitoring what most consider to be only a "short-covering" rally. The "technical" guru's will want to see this market first close above $9.30, then perhaps even above $9.55 before they give more serious consideration to a game-changing trend or major reversal. From my perspective the current change in water-level (price) is simply the bears getting in and out of the hot-tub. Grain Market Viewpoint read more

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