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New dynamics in the soybean market

2016-06-03 23:35:00| Corn & Soybean Digest

Soybean traders are talking about the possibility of a blow-off top in the front end of the soybean market. I'm not so sure about that. As I've been saying for weeks, the funds don't want to give up their front-end positioning as a large amount of the length is tied to various "cross-hedging" strategies trying to protect larger macro uncertainty and billions of dollars at risk in South America. read more

Tags: market dynamics soybean

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