Strong Export Sales Push Beans To A New High-Close For The Uptrend February 17, 2022
Slight gains were noted in soybeans today. Though the market was not able to hold the morning's attempt at a retest of last week's highs, we are still holding quite high price levels. Today close was the best yet for the uptrend in both May and November. Weekly export sales this morning were great, as expected. One small note, the November retested last week's highs exactly and set back afterwards.
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