Better Weather Ahead Leads the Way to Light Profit Taking April 4, 2023
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.
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Allendale Insider
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Market Movers
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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
December 4, 2023
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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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