Continued profit taking of the bull spreads pressured the soy complex again today. The liquidating of the bullish July/Nov positions really picked up stream this morning. This spread had maxed out at $2.40 last week and fell to 1.75 this morning before settling at $1.90 ½. The front month May contract was 47 ½ cents lower on the session which was 94 ½ cents off of last week high
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