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Kent Beadle, Paradigm Futures, says November soybeans are finally above the 50 day moving average for a number of reasons, including more talk of China business.
As corn and soybean growers get ready for harvest, they’re counting on high yields, given optimistic forecasts from USDA and the Pro Farmer Crop Tour. But will a hot and very dry final month of the season have an impact?
Brad Kooima, Kooima Kooima Varilek, says the cattle market has just felt better the last week with cash finally bottoming and futures posting a higher weekly close.
Financial analyst says the next 48 days might be a good time to just ‘lay low and take a little off the table.’
The Brazilian Chamber of Deputies approved the “Fuels of the Future” bill last week, which could increase soybean crushing for biodiesel production.
Newton succeeds Terrain founder, Don Close, who will continue with the organization as a cattle and beef analyst.
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