Two USDA reports, a July forecast update, end of month/quarter and First Notice Day. June 29, 2022
With help from the products, November is nearing the 50% retracement mark of the sharp June price decline, 1492. Seasonals typically show soybeans have a better chance or two at rebounds in July, at least in the first half of the month. Tomorrow's two USDA reports, end of month/quarter/ First Notice Day and July weather forecast change remain issues.
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