New highs for soybeans. Traders discuss gaps on the charts. February 7, 2022

Soybeans, old and new, soared to new contract highs. Meal was right along with it based on Argentine concerns. A 5 cent wide gap was left on today's gap higher trade. Dryness is still in the forecast for South America and another strong overnight export sale was reported.

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Allendale, Inc.
4506 Prime Parkway McHenry, IL 60050

1.800.2MARKET | 1.800.551.4626
Local: 815.578.6150 | Fax: 815.363.5511

service@allendale-inc.com

©2019 Allendale, Inc.
This communication is intended as a solicitation for business in the U.S. Please see our full disclaimer.
Site designed and developed by Turnkey Digital.