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“Prices were slightly higher across the complex today in 2-sided trade. Beans were steady to $.02 higher, meal was effectively unchanged while oil rose 25 points. Spreads were mixed. Inside trade for July beans and oil. Key resistance for July-25 bean is at the May high at $10.82. Nov-25 resistance is at $10.65 ½. Spot board crush margins were little changed at $1.34 ½ bu. with bean oil PV inching up to 45.5%. Temperatures this week will hold at mostly below normal readings across much of the northern Midwest with the heavy precipitation shifting into the Gulf coast and Southeast region. Liter amounts for the central Midwest and northern Plains. Temperatures are expected to gradually warm to normal or slightly above normal readings by next weekend,” reported Mark Soderberg with ADM Investor Services.





