Posted 2/23/2021 10:56 (#8852907 - in reply to #8852893) Subject: RE: What’s up beans
Mascoutah, Illinois
1. Seasonal bullish time for soybeans.
2. Money leaving the Nasdaq looking for a home.
3. Soybean pipe line was being sucked dry due to the food crisis in the Far East starting last fall.
Look for a target of $15.10-$15.30.
Overshoot level is $15.47.
Corn target remains in tact at $6.36 for old crop.