Are Soybean Prices Going Lower?

29 Oct in Blog, commodity trading, corn futures, futures broker, Kansas City wheat, Michael Seery, Minneapolis wheat, oat futures, rough rice futures, Seery, soybean futures, soybean meal futures, soybean oil futures, wheat futures

Soybean Futures-- Soybean futures in the January contract traded up $.03 at 12.71 a bushel still trading below its 20 and 100 day moving average retesting recent lows of 12.60 in my opinion and if that level is broken there is a possible retest of the August 8th low of 11.70 as reports are coming out of the field of excellent yields as traders the await next USDA crop report.

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