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Published August 24, 2010, 08:33 AM

Traders caught between demand bull, bearish supply ideas

Normally, soybeans would be more prone to put in a bottom in August on a decline from June. This year is different. A low was put in during June to July and a counterseasonal rally has occurred. It has been the consistent demand by China and other world buyers (mostly China) that has floored soybeans.

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