Soybean Charts Improved March 23, 2022
Both old and new crop soybeans posted a new high-close for this uptrend today. For both, it appears we have chart patterns which suggest further gains are made. Also on the charts, we finally have an old crop close over 1700. Higher energy prices and fertilizer issues are supportive points. Ukraine planting numbers, world fertilizer, US summer weather and other factors also remain.
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Allendale Insider
Allendale Insider
On The Go
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Traders wait for clarity on Brazilian weather. Corn and wheat post new lows.
November 27, 2023
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New downtrend lows for cattle and hogs.
November 27, 2023
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Livestock end the week with a meltdown. The culprit may be consumer concerns.
November 24, 2023
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Two wheats make new lows. Corn posts its second lowest close.
November 24, 2023
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Cash cattle confirms expectations with lower trade.
November 22, 2023
On The Go
November 27, 2023
November 27, 2023
November 24, 2023
November 24, 2023
November 22, 2023
Market Movers
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Overnight reacting to slow BRA planting pace and may be looking for new China buying
November 28, 2023
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Trade Holds On To Hope Of China Purchases
November 27, 2023
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Strong Exports Expected
November 24, 2023
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Cash Cattle Steady For the Week
November 22, 2023
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Trade Hold On To Hope Of Chinese Purchases
November 21, 2023
Market Movers
November 28, 2023
November 27, 2023
November 24, 2023
November 22, 2023
November 21, 2023
Snapshots
Snapshots