Sunday, 20 March 2011
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Commodities Roundup: Soybeans
On March 10, the day of the USDA supply/demand report for US crops, I watched on my quote screen as every single commodities market we follow was red (lower) on the day. All but one. There was one tiny green (higher) square on my screen. Soybeans. While macroeconomics can move commodities as a group occasionally, these markets tend to "march to the beat of their own drummer" - at least more
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