Oct 29, 2018 11:31 PM
It is my belief the soy market will continue to work lower. Perhaps the market now has a job to do. That is to cut next years bean acres in favor of corn, wheat and perhaps some cotton. It will be difficult to cut into the carry overs much however. The corn was quiet. The market will wait for the Nov report to see if there is a lower production number. Look for opportunities on small breaks in the corn to add bull option trades, quantify the risk.