The first word that comes to mind when I look at the overnight performance in the grain and soy markets is uninspired. We have witnessed a bit of two-sided action, and the only market that has moved outside of current ranges is meal, which did stab in a slightly lower…
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While beans are not exactly doing anything particularly encouraging, the grain markets appear to be wearing the cement galoshes this week as they slowly sink deeper into the lake. Evidently, they got on the wrong side of the commodity mafia. Granted, even the deepest lakes do have a bottom, and…