Energy markets temporarily support oilseeds

Oilseeds were the talk of the grain complex today. Soybeans and soymeal started off with an early push to new lows for this long term downtrend. Soybeans, led by soyoil, posted a strong rebound into the close based on outside market support. It's likely a little profit taking was noted as well. Long term soybean fundamentals remain quite negative.

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