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Pricing 2014 Soybeans: is it time to get aggressive?

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Soybean plantings will likely increase by two million acres or more in 2014, indicating reason to be nervous about new crop soybean prices in the months ahead.

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It's reasonable to assume a large increase in soybean acres this year. That's because November 2014 new crop soybean prices are at a favorable level related to December 2014 futures of new crop corn. The resulting greater supplies could lead to much lower soybean prices by harvest.

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