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What’s up beans
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Brahamfiremen
Posted 2/23/2021 18:23 (#8853691 - in reply to #8853580)
Subject: RE: What’s up beans


Hick - 2/23/2021 17:27

djmcountryboy - 2/23/2021 10:56

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.


I did not realize February was a seasonal bullish time for beans. I was always told to never sell beans in February.


Other than 2020, February has been a good time to sell beans the last 5 years or so.
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