Grain TV: Soybean Break Bullish Trend
Soybeans broke the bullish trend line the market’s been following for months, with the previous support line now acting as resistance. Pricing is advised for some of new-crop beans. Corn and soybean basis levels saw strong gains this week.
U.S. Wheat Associates (USW) and the National Association of Wheat Growers (NAWG) recognize that President Trump’s executive order to withdraw the United States from the Trans-Pacific Partnership (TPP) was inevitable.