2 / 24
Soybean ~ Daily
Spring soybean rallies have actually been taking place in late winter over the last five seasons. Have we already seen the top in beans? Grain producers should be taking this opportunity to lock in prices, or at least hedge downside risk. Specs might want to play the downside with long puts. It seems likely we see the bottom of the trading range ($10.50) sooner rather than later. Further, deep into the summer months, without help from Mother Nature, we could be talking about a $9.00 handle. #ags #agmarket #soybeans #beans #grains #commodities