CORN BREAKS $5. IS WHEAT NEXT? - SOYBEAN RECCOMENDATION

AUDIO COMMENTARY

  • Corn breaks $5 for first time since August 1st

  • Can we see $5.40 to $5.50?

  • $13 resistance turns to support for beans

  • Beans had highest close since September 20th

  • All 3 of the markets have erased our September 30th losses from poor stocks report

  • We are opening door to potential higher prices

  • Sunflower market situation

  • Soybean recommendation is below this audio

Listen to today’s audio below


SOYBEAN RECCOMENDATION

For some of you, it might make sense to reward this +67 cent rally from just last week.


Bean recommendation for those that need to sell in the next couple of weeks….


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In the rest of today’s update we go over what you should do with beans based off of your local basis situation. Should you be selling? Buying puts? Calls?

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BIG WEEKEND CORRECTION

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BEANS BREAK $13. IS CORN NEXT?