date:Jan 08, 2014
r currencies.
'May represent a watershed'
But there was also widespread comment that the previous sessions' resilience had been linked to the prospect of a plethora of US Department of Agriculture data on Friday, when it releases not just the monthly Wasde report, but data on winter wheat plantings and crop stocks as of December 1.
The longer term outlook for soybeans appears bearish. The question is when the market will roll over and begin declining, said Anne Frick at Jefferies Bache.
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