Four Days Straight Of Gains For Soybeans July 28, 2022
Four days of straight gains have helped push the November contract over the 50% retracement of the entire price break. From the peak on June 9 that 50% mark is 1436 5/8. US weather, concerns over Argentine soy product exports and hopes for US legislation were drivers. This has helped offset some of the concern over longer term palm oil pricing.
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Possible light fund short covering yesterday
December 6, 2023
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Funds sellers of 21K, slightly higher support due to exports
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SA maps still look solid for rains in the 10 day
December 1, 2023
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Trade expects strong exports and more 8 AM announcements
November 30, 2023
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Open interest continues to fall drastically
November 29, 2023
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