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What’s up beans
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pigfarmer82
Posted 2/23/2021 21:39 (#8854206 - in reply to #8853580)
Subject: RE: What’s up beans


north central Ohio
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.


Since Brazil has become a major player January February March are good time to sell soybeans.
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