man standing in soybean field

Déjà Vu

Wait, haven’t we been here before? The short answer to this question is, yes. Through the month of March, the soybean market drifted back into the trading range we were in prior to the USDA report on January 10th. Amid a lack of a bullish story to push the market higher, a large Brazilian crop, imposed tariffs, and managed money liquidating their long positions – the market set a weaker tone.

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