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Soybean Breakout?
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Conan the Farmer
Posted 1/17/2017 10:09 (#5774038)
Subject: Soybean Breakout?



South Central Iowa
I would have thought we would break much higher if we went through $10.74. Well we peaked at $10.75 so far. It didn't pick up any extra momentum going through.

Do you guys think that is purely because of how high we are for the day already? Or do you think this is topping action and portends to weakness in the ability of soy to head higher after this 75 cent run since last Wednesday?
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