Posted 2/13/2017 06:34 (#5836271 - in reply to #5835966) Subject: RE: Soybean rally?
In a van, down by the river.
Producer nearly out of old-crop beans, so domestic hedge pressure unlikely to push us lower anymore. Whenever it's confirmed we've rolled over, will be due to SA producer catching up on sales, or spec bolting for the door. At this point, unless they bought the N, the negative roll yield is looking expensive for specs.
Soybean rally?
