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1. Soybean is harvested once a year and thus its expected cash market price follows a typical seasonal pattern, which can be described as a.

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1. Soybean is harvested once a year and thus its expected cash market price follows a typical seasonal pattern, which can be described as a. the lowest price occurs in Nov-Dec market is inverted for the new crop C. b. prices steadily increase until next harvest d. all of the above

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