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Weather ruins crop-equilibrium condition on supply-demand

When the soybean market is firstly in equilibrium on S0D0 and in that case severe weather ruins much of the crop, then the market moves to: (1) S1D0. (2) S1D2. (3) S2D0. (4) S2D2. (5) S1D1.

2458_soybean market in equilibrium.png

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