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Central Missouri | Here is the base prior to the price run in 2020. That base was 27 months roughly or twice as long in time as the current one and you see the subsequent price move. The current base is half as long in time and brazil has increased production dramatically since 2020. China isnt in the same pickle as they were in 2020. You can see in 2020 has a green higher low and a series of 2 blue slightly higher highs before price finally broke out and ran. The current market has the higher lows but not the slightly higher highs maybe its making one now, only time will tell.
Edited by ehoff 10/28/2025 04:30
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