Thursday, 5 September 2013
The Morning Vibe - It's All Looking Bearish
Posted on 03:23 by Unknown
05/09/13 -- My conviction that we are heading into seasonal harvest lows remains intact. Soybeans appear to have had their shot at posting a pre-harvest jitters rally on Tuesday. I just can't buy into the Allendale 39.0 bu/acre yield estimate released yesterday, not with good/excellent crop conditions at 54% versus 30% a year ago. As mentioned earlier this number was based on a farmer-led survey,
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