Dryness In Brazil Supporting Soybean Prices

06 Oct in Blog, commodity consulting, commodity trading, corn, futures, Mike Seery, oats, option trading, seeryfutures, soybean meal, soybean oil, soybeans, wheat

Soybean Futures--- Soybean futures in the November contract have traded higher for the 3rd consecutive session currently at 9.73 a bushel after settling last Friday in Chicago at 9.68 up 5 cents for the trading week as I have been recommending a bullish position from around the 9.85 level & if you took the trade continue to place the stop loss at 9.55 on a closing basis as we been close on several occasions of being stopped out.

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