Better Weather Ahead Leads the Way to Light Profit Taking

Moderately lower pricing was noted from the weather forecast shift. North Dakota is slated for responsibility for 6.55 million of the total 87.505 intended US soybean acres. There is still no confirmation of last week's China buying rumor. May's lower trade today filled the minor downside intra-day gap on the chart. The rebound after the gap fill was lightly positive. November filled its downside gap but stayed there into the close.

This content requires a premium subscription.

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


Forgot your password? Reset it by clicking here.
Need an account?
Try our FREE 1 week trial, no card required.
Interested in our Free Webinar?

Sign up now! 

Post Archives

Allendale Insider

On The Go

Market Movers


Trader Insights

Morning Wake up Calls