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| 2.25 Ratio $5.00 = $11.25 Soybeans. So Soy is just catching up to corn. The hole subject of Hyperinflation, cheap greenbacks and hard assets that other countries need puts all the grains in a uptrend. To our importers grains look cheap as apposed to them having a bunch of stinking worthless greenbacks. From what I've read is Corn is the cheapest feed but Soymeal is competing and Soymeal demand is up. Soy oil (Veg) is going up. All running up the price of Soybeans. Even with record Soy crop world wide ending stocks were down some as of Sept !st. My 2cents
Edited by No_Till 9/22/2010 21:09
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Soybeans, what gives
