Subprime margin calls chip away at grains; USDA, dollar still point to bullish fundamentals

[staff]

Subprime margin calls chip away at grains; USDA, dollar still point to bullish fundamentals
      

As one Chicago grain analyst Roy Huckabay said last week: “Big prices have big corrections.”
Ã, Ã, Ã,  That pretty much summed up last week’s price moves in Chicago Board of Trade soybean markets. To some extent, easing Chinese vegoil cash prices spurred the CBOT sell-off, with soybeans and soyoil hit the hardest — falling 8 percent on [...]
         

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