Market Thoughts 5.5.24

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In this week’s market thoughts, we discuss the recent changes in the market that we have been anticipating for months. We provide an update on the testing of key support levels and the resumption of the uptrend. Additionally, we analyze the performance of soybeans, corn, and wheat, highlighting encouraging signs and potential yield loss issues. We also discuss the impact of planting forecast on the market and the importance of daily model runs and signal updates. No action is requested from viewers at this time.

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