The Grains Review
&
Special Prospective Plantings Forecast Giveaway
For the week of March 26, 2012
By Matthew Pierce
Coming back from the weekend, bullish sentiment in beans remains the biggest story. Spreads continue to point higher with SN-X moving over 50-cents overnight. CN-Z remains stuck in the middle of the established range offering mixed signals to corn longs. Bean longs continue to impress even though they lack export demand or any new crop weather threat. The money flow issue carries beans. From Friday, another 13,900 jumped on the bullish bean band wagon. I thought this wagon was overbought 2 weeks ago
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