November Soybeans Bounce Back on USDA Expectations and Export Sales
Aug 08, 2013
Expectations for the USDA to lower new crop ending stocks of soybeans by 30 million bushels on Monday spurred soybean futures higher in today's action. Adding to strength was a technically oversold market and some strong export sales reported this morning. Cody and Logan break down today's action and what to look for on Monday's report. Want live quotes and charting like you see on GrainTV for Monday's USDA Report? Visit us at GrainHedge.com and take a free trial!
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.