MARKETS NEWS
Jerry Gulke DTN Columnist
Mon Apr 1, 2013 09:12 AM CDT

It is head-scratching time again for those caught long-and-wrong anything in the grains markets going into the USDA Report on Thursday. We'll hear more, no doubt regarding scheme and device of the USDA and how the numbers just don't make sense, but without going back to September of 2012 and reading the comments written in these weekly columns, I will highlight some rationale for why it was folly to believe the report would be bullish at best, neutral at worst. It was devastating.

-- There was never a valid case that could be made for holding $17 soybeans and $8 ...

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