Remko

CBoT soyameal still bearish

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CBOT:ZMZ2016   Soybean Meal Futures (Dec 2016)
Soyameal:
Price has been moving mostly sideways during the week while making a new recent low during Tuesday's session. There is really nothing much to add to our views and expectations as already put down during the past weeks. We maintain our bear scenario for this price which much lower values to be traded in future.

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