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Frytown, Iowa | Plenty of chances to sell @ or above 13... Did you? Even one chance at 13.50+
I personally believe this last lower high was the ultimate bear signal.., it's over. I don't think the support at 12.70ish is going to put up more than a daily bounce... 11-10 buck is looking pretty likely. Sad to say hedge wins again.
I wish corn would make up its mind... Seems to be the only republican in commodities... It knows it's lost already but just trying to hang on to dignity while the liberal soybean doesn't care where it goes, it's just going to go full bore in that direction and be dramatic about it all...
Good luck if you got any beans left. | |
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The soy market give you...
