Posted 5/25/2017 09:37 (#6036900) Subject: The Nov bean price is getting into trouble below a 9.420 close
central ontario
A close below the 9.420 level could bring about more selling for new crop Nov beans , Dec meal is making new lows here here this morning, if only by a tick, having meal taking out the lows is quite negative for new crop beans.
It is not that North America will not plant enough beans but more like how much too much do we produce in 2017.
Corn seems to have some better ,supportive features,like lower acres ,maybe.
The Nov bean price is getting into trouble below a 9.420 close
