Looking back to Monday, beans started the week on the wrong foot with a press down to the lowest level witnessed since the end of March, while corn and wheat were basically indifferent to the whole thing. As it turns out, though, corn and wheat are the markets that are…
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Ever since Uncle Sam surprised the trade with the positive wheat/negative bean adjustment last week, we have understandably seen wheat, and to a lesser extent corn, gain against the bean market. Evidently, we stretched that relationship about as far as we could through yesterday, as overnight, we have seen a…
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Ever since Uncle Sam surprised the trade with the positive wheat/negative bean adjustment last week, we have understandably seen wheat, and to a lesser extent corn, gain against the bean market. Evidently, we stretched that relationship about as far as we could through yesterday, as overnight, we have seen a…