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Mascoutah, Illinois | The contrarian play is to be long soybeans. Why?
1. Big crop in South America (already priced in)
2. More bean acres this year than in 2009 (already priced in)
3. Grain market likes to make its first bull move the first Thursday or Friday in March.
4. More shorts than longs
5. Crude is heading to $90 and possibly par
I am hearing rumblings that the massive bean crop in South America may not live up to its hype.
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Doc May or May not Make It
