Bullish Numbers for Soybeans, Harvest Keeps Lid on Rallies
Oct 15, 2013
The NOPA soybean crush numbers were higher than expected, but did little to move the market higher in the face of good yields being reported. Estimated export inspections came in below expectations for corn and wheat, but above expectations for soybeans. Technical resistance is looming overhead for both corn and soybeans, while harvest will continue to pressure the market lower. Tune in for a full breakdown. Visit us at GrainHedge.com or give a call at 877-472-4607 to take a free trial of the trading platform you see here on GrainTV!
THERE IS A SIGNIFICANT RISK OF LOSS IN TRADING FUTURES AND OPTIONS.
FUTURES TRADING IS NOT APPROPRIATE FOR ALL INVESTORS.
PLEASE READ OUR RISK DISCLOSURE.