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“Prices were mixed with beans ranging from $.05 lower to $.10 higher with strength limited to old crop. Meal was $1-$3 higher while oil has drifted back 10-20 points. Bean and meal spreads firmed while oil spreads were mixed. July-25 beans closed back above $10. Next major overhead resistance is at the 100-day MA at $10.37 ½, which is also in a gap created by last Thursday’s lower open,” reported Mark Soderberg with ADM Investor Services.





