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Buxton ND | Here's a comment I picked up though Brock
"The soybean market had a classic "buy the rumor, sell the fact""
I'd add
Spec money was the longest they have been since (Sept 2012 are bean as bullish now as then ?)
Bullish Sentiment very high (add in NAT'S rocket ship)
And we just rallied $2 bucks straight up coming into Brazil harvest..........
Still feels like funds are slipping out the back door with their profits and thing are leaning towards buy corn/sell beans. | |
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Matto Grosso problems
