Soybeans started the day with a lot of momentum and ended the day mixed as they ran into resistance later in the day. On a positive note, crush margins remain very profitable and there is still plenty of incentive that could move contracts higher. Soybean exports are also strong, still running ahead of year-ago levels. While the U.S. is talking about potential blizzard conditions across much of the country, weather in much of Brazil remains ideal for crop development with rain in the forecast.
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