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Grain TV: Soybeans Hammered by South American Weather

Ernst Undesser
By Grain TV January 21, 2014

Rains in South America hammered the soybean market while corn remained relatively unchanged, moving slightly higher. While the rain event should seem to be more of a corn story, soybean’s sharp decline could stem from a lack of any major upcoming reports to keep the bulls in the market following last week’s rally.

Ernst Undesser
By Grain TV January 21, 2014