Soybeans Lead Lower, Will Fundamentals Support?
Dec 18, 2012
Cody and Logan discuss the day's action in the grain market, with soybeans falling over 30 cents. There were net cancellations of 310,000 MT today, but that is a small percentage in relation to the amount of sales made this year in beans. The pace of sales and soy crush margin continues to provide fundamental support for the oilseed complex. Tomorrow EIA ethanol numbers are released. Tune into for full analysis of today's action.
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