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.
This content requires a premium subscription.
Please login to your premium subscription to view this content in its entirety.