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NW Indiana | I have been very surprised by the depth of the decline in soybeans but had just watched from the sidelines. Decided with the strength friday and tonight it looked like a good place to get long. Bought July calls. My bull case going forward would be further reductions in SA along with what could turn out to be early planting pace in NA leading to fewer bean acres. Corn is going to need a miracle if we have strong planting. | |
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Going long
