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.
Like a bulldog, it keeps holding on. While I remain friendly to the cotton market I have held to the idea that prices needed to break back down to the