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Monthly soys just broke key support today.
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roarintiger1
Posted 8/26/2014 18:33 (#4039994 - in reply to #4039967)
Subject: RE: Monthly soys just broke key support today.


NW Ohio
Just asking a question here. Aren't the soybean futures on the BOT out of touch with reality with the basis levels possibly reaching levels we have never seen?

Although, perhaps we have never had this low of a supply of soybeans........ever........especially with the prospects of a predicted record crop coming on.

One thing to look for IMO is..........if there is any kind of glitch in the soybean crop not living up to expectations......folks may look for that bull on the rocket picture.
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