November Soybeans 2018
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Started by tallpine - Oct. 16, 2018, 7:46 a.m.

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By tjc - Oct. 16, 2018, 10:24 a.m.
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  NICE chart!

  Would love to see a test of the 40 day moving average and/or the over sold zone.

  Looking for a buying opportunity Friday

By metmike - Oct. 16, 2018, 12:10 p.m.
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Am guessing that yesterdays rally was expectation of crop deterioration on the report from excessive rains and wetter, late week 2 maps(return to wet pattern could stall out harvest again and leave the crop vulnerable for additional damage)


Looks bone dry thru 10 days today and continued dry after that.


Not sure how much weather can make a different at this time of year but thats the weather angle.


By Jim_M - Oct. 16, 2018, 3:48 p.m.
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I have to believe that every rally is a selling opportunity.  The price increase is more seasonal than anything.  My gosh, we are up to our waists in beans.  And it's only going to get worse.