Weather was a driver this week. January 20, 2023
March soybeans, though still in a long term uptrend, set back -21 1/4 cents this week. Let's also bring up November with its -41 cent trade. November closed at its lowest price since 10/27. We are raising an alarm here as this week's trade did break a consistent uptrend for new crop. Argentina's forecast has improved. The US weather forecast shows no yield concerns for 2023.
Please login to your premium subscription to view this content in its entirety.
Post Archives
Allendale Insider
Allendale Insider
On The Go
On The Go
Market Movers
-
Possible light fund short covering yesterday
December 6, 2023
-
Funds sellers of 21K, slightly higher support due to exports
December 4, 2023
-
SA maps still look solid for rains in the 10 day
December 1, 2023
-
Trade expects strong exports and more 8 AM announcements
November 30, 2023
-
Open interest continues to fall drastically
November 29, 2023
Market Movers
December 6, 2023
December 4, 2023
December 1, 2023
November 30, 2023
November 29, 2023
Snapshots
Snapshots