Beans Punch Through Resistance October 17, 2023
Beans caught a bid this morning, following a fairly quiet overnight session. November finished up 11’4 at 1296’6. Beans did trade above the $13 resistance area for the first time since 9/29. However, it did not have the strength to stay there. Crop progress numbers for the beans were 62% compared to the 5yr average of 52%.
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Allendale Insider
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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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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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